Surfboard Manufacturer with the Ingredients to Grow S. California
Location: California, United States
Category: Manufacturing
Type: Established
Asking Price: $275,000
Cash Flow: $30,000
Revenue: Not Disclosed
Gross Income: $650,000
Inventory: $1,500 - Included in the Asking Price
FF&E Not Disclosed
Real Estate: Not Disclosed
This may very well be the sexiest small business with huge market potential to hit the market thus far in 2007. This 10 year old San Diego County surfboard manufacturer and board finishing company (known as glassing) is a tiny operation with worldwide recognition for its underground acceptance within the progressive surfing community, its innovative board designs, and its owner, crew and surf team that is eager to propel the company to the next level. In order to facilitate this growth, the owner is even willing to become an employee and continue to contribute his expertise, board design prowess, and killer reputation (the only caveat would be that the new owner could not ask him about marketing, as the seller will be the first to admit that he does not know the first thing about it!).
Facilities:
The sale includes all of the tangible and intangible assets of the business including its name, surfboard designs, client base, website, reputation, lease, and all of the furniture, fixtures and equipment to create the next industry powerhouse. The business, which boasts 6 part time employees, occupies nearly 2,000 square feet of office / warehouse space which leases for $1,800 per month until 2010.
Financing:
Not offered ...
Support:
Owner will train as necessary, and is willing to stay aboard at a competitive wage!
Competition:
There are many home grown board designers, manufacturers and glass companies out there. Only a few of these, however, can claim worldwide brand recognition, affiliations with the largest board manufacturers, 20 team riders, and nearly $700,000 in consistent annual revenues which are spread from the West Coast to the East Coast, and as far away as Brazil and Japan.
Growth:
This company has ideal growth potential for an owner with market prowess, brand building capability, and a passion for the industry. The company will also serve as an ideal segue into surf shops, trade shows or industry events for the buyer who is already selling complementary retail products.
Reason Selling: Owner seeks to see the company reach its full potential
Number of Employees: 7
Year Established: 1994
Share Ad
Print Ad