Stonker Surf Sports - Torquay

Business For Sale Torquay, Victoria 3228

Business Category Entertainment Tech

$290,000

Description

Stonker Surf Sports - Torquay

An iconic established surf sports manufacturing and retail business with an eCommerce store. Stonker Surf Sports has been supplying riders with the equipment they need to go in search of that perfect wave for over 20 years and has seen sales growth of almost 30% from 2020 to 2021, driven by demand for high-end Hydrofoils.

Stonker is a locally owned and operated company in Torquay, Victoria, home to some of Australia's most famous surf beaches, including Bells Beach, located in a high-profile position adjacent to the big surf brands.

Historically Stonker is a well-known and respected brand, a unique retailer of Surf sports products specialising in Hydrofoils, Stand Up Paddleboards, Kiteboards, and accessories.

If required, the business can be split into manufacturing and retail, and the manufacturing component can be taken out of the sale. A memorandum of understanding can be arranged to allow the manufacturer to provide repair and manufacturing services to Stonker. This could mean less staff and eventually more space allocated to retail.

The key features of the business are:

- High-quality service – they only sell what they use themselves

- Product knowledge

- Offer a buying experience to customers

- Customers feel like they are part of a club or sub-culture

- Registered trademark – Stonker

- eCommerce website with online sales

- A marketing program in place driving results

- Significant demand and growing

What makes Stonker successful?

One of the main contributors to Stonker's success is offering customers a try before you buy service to ensure that the board fits the customer's needs. 8'6, 9'0 or 9'6? 32" wide or 34" wide? At Stonker, the goal is to make sure customers get the perfect board, offering a demo to make sure they take home the right product.

Stonker also provides lessons (outsourced) to ensure that the customer gets the most out of their investment, and they also have a board hire service in place.

Stonker has a state of the art, integrated e-commerce website, an extensive social media presence, are active in the local business community, and enjoy regular repeat business from thrilled customers.

The permanent change to the demographics of this region means that there are more and more local customers to build the business and ever-increasing tourism.

If you are looking to expand your existing product line or are passionate about surf sports, this is an opportunity not to be missed; enquire now.

Complete your online enquiry for a confidential discussion with the lead broker and receive a comprehensive Business Profile and Market Review.

Price $290,000 + SAV

Finn Business Sales
Geelong and South West Victoria
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Broker: Anthony Dickson
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Contact Seller
Anthony Dickson

Bsale ID: 565505
Broker REF: 6748044

The Finn Group
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