Leading Outdoor Lifestyle Retailer
The company rapidly grew exponentially generating $2.2m in sales in FY22. Asking price is $1.2m including an inventory of $694k. Profit to owner $421k
Business Sale Price:
$1,200,000
Business ID: BS152147
Location: Hawaii
Type: Retail
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Leading Outdoor Lifestyle Retailer
This business operates in the industry of US Sports Retail and Spas. They provide merchandise related to outdoor sports & recreational activities and for groups who are thrill seekers and adventurers looking for an active healthy lifestyle including health & wellness. The business also sells hot tubs/swim spas that include consultation, installation, and service.
- No real competition in the community
- Substantial sales increased every year
- Dependable and fun staff/team in place
- Exclusivity with suppliers/vendors
- Unaffected by the pandemic
- Excellent location and parking with heavy foot traffic
- Located on a major main road with great visibility
- Financial adaptability and ability to respond to market demands, shifts, and trends
- Locals, tourists, and visitors are repeat customers
- Standard operating procedures manual and sales processes in place
- The store has maintained key notable vendors and brands that are profitable
- Inventory is included in the sale
The owner is committing to work alongside the new incoming owner for at least 2 months at 20 hours per week with compensation.
A retail industry experience is helpful. Some background education or credentials would help and understanding the retail, and outdoor sports industry is helpful. A willing and able buyer who is willing to relocate to the islands and manage and grow the business.
Asking Price: $1.2m including an inventory of $694k
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