Iconic Surf Accessories And Clothing Retail Business - Offered For The First Time In 36 Years!!!

Business Sold Collaroy, New South Wales 2097

Business Category

SOLD

Description

Iconic Surf Accessories And Clothing Retail Business - Offered For The First Time In 36 Years!!!

A LANDMARK SURF DESTINATION SHOP RARE OPPORTUNITY TO BUY NOW!
Established in 1985 and still independently owned & operated, the current owners now want to retire.
This ICONIC wetsuit and surf specialist business is undoubtedly one of the most well known Northern Beaches destination points for all things surf.
Offering possibly the largest range of wetsuits, softboards, skateboards, surf accessories and swimming & snorkelling equipment.
This business draws from the massive Nthn. Beaches surfing community and enjoys an excellent reputation for personal service, quality products & a "generational" long & loyal following.
There is a real opportunity to expand the business by increasing online sales, utilizing social media & increased marketing.
KEY FEATURES;
• High visibility on main road location with massive drive by traffic & ample parking.
• Independently run offering freedom of brand choice.
• Loyal following since 1985.
• Growing turnover Pandemic & recession proof business.
You Need to Know;
Asking Price; $450,000 +SAV
Turnover: $1,100,000 (projected 2021)
EBITA: $240,000 (approx.) including owners' wage.
Rent/Lease: $4,937 + outgoings. A long Lease will be available to new owners.
Further information& Financial history would be available after Confidentiality requirements have been Completed
Contact Seller
Tony Lee

Bsale ID: 545425
Broker REF: 12623

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