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Marine, boats & wakeboard industry, North West Sydney

Location
NSW - Other
Industry Leisure
Investment amount $495,000.00 Opportunity Business for Sale
Inventory amount $495,000.00 Listed by Chase Manhattan Business Brokers
- Established: 2006
- Turnover: $562,934
- Net Profit: $141,820
- Stock: $120,000
- Plant & Equipment: $495,000
- Freehold: $370,000


Within only a couple of years of being set up, this wake boarding accessory business, with its unique brand and trademarked products ,has an ever-expanding clientele that’s spread throughout both Australia and New Zealand.

This business sells a range of wake boarding accessories including Wakeboard towers, racks, tower lights, light bars, mirrors, mirror arms and brackets, speakers and tower speaker pods. The products are produced under the business’ trademarked brand, are manufactured in China and combine outstanding design with value for money.

It also sells the Joystick range of products, and holds the distribution rights for Australia and New Zealand.

Its store, located in North West Sydney, sells direct to the public. The wake boarding community are passionate about their sport, and their numbers are increasing every year as people look for alternatives to skiing. The New South Wales market has been under serviced for years, which is why customers are flocking to this business and its outstanding products. Sales consistently exceed targets, and such is the demand, stock is sometimes sold out.

The business also has a wholesale operation, and sells its products to distributors in Victoria, New South Wales, Queensland, South Australia, Western Australia, and exports to New Zealand.

The potential for this business to expand is significant. Adding to the product range and further developing the distributor base are some possibilities. Selling boats is the next strategic step for the operation.

No experience is necessary as the products are flat packed and ready to be sent to the customer or distributor.

Asking Price - $495,000 + SAV + Freehold optional


For further information on this business please submit an expression of interest