Join the water sports gear Industry and participate in Global sales which are Forecast to grow to $55bn by 2027. If you love surfing, skating and water sports in general, this is the ultimate lifestyle business, also as skateboarding is now an Olympic sport, board demand is on the increase.
Sales have grown by 10% + pa with 2021FY being yet another record sales year. Being founded as a traditional bricks and mortar retail outlet, there is ample scope to grow sales exponentially by capitalising on the huge range of products that are suitable for e-commerce sales.
10% pa year on year sales growth
Excellent product range with minimal competition
Physical Retail presence with ecommerce opportunity
Large floor area and reasonable rent with allocated customer car parking right outside the door
The shop front is located in the busy Slacks Creek retail precinct area, which is easily accessed by walk in Brisbane and Gold Coast customers and ideally suited for pick pack and send ecommerce sales.
Initially established 30 Years ago, with the current owner going into their 6 year the business has built up a good customer following with high standards of customer service and product knowledge with margins supported by minimal local competition.
A new owner would ideally have a basic understanding or passion for surfing, skating and water sports. The product range is extensive but could be learned over time with the current owner happy to spend additional time on training if required. Any digital marketing and or social media skills would also be hugely beneficial.