This Kayak shop sells kayaks, paddle board, canoes, 4&5 people paddle boats & all water sport equipment & parts at below market price. Even there have been occasions that some domestic & foreign retailers were buying kayaks & other products that this shop sells, & resell them since their prices are lower than anywhere else, & according to the owner even about 30% lower than Walmart prices. Sometimes they sell half of their inventory in just one day.
They are located inside a neighborhood shopping center and relatively close to the water in a great beach city in southern California. They are very popular with local & surrounding communities' water sport lovers.
Summer business hours are 9-5 Monday to Friday & by appointment on Saturday, winter hours are 9-5 on Friday & Saturday, & weekdays by appointment only.
There is a great profit margin on the most items they sell & the business has been profitable from the beginning. The owner's young son running the shop & since he plans to go to college they want to sell the business.
Annual Revenue: $180,000
FF&E (Included in the price): $10,000
Inventory (Included in the price): $65,000
Seller's Discretionary Cash Flow: $80,000
Asking Price: $100,000
Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information contact Mehdi Kazerooni at SUNBELT BUSINESS BROKERS of ORANGE COAST at 714-619-9310 ext. 252. Fax: 949-861-6498. Email: email@example.com
Seller Reference #ORCSTCA001-N1999
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