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Very Established Profitable Skateboard Company
Location: United States -> Dist. of Columbia -> Washington
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Executive Summary: This established, profitable, skateboard, outdoor recreation and mobility company has a long globally recognized history. The business focuses on skateboard-related products, including longboards, electric skateboards, skateboard equipment, including wheels, trucks, bearings, and accessories, as well as a premium line of ''soft goods'' including bags and clothing. The business has a large customer base and a solid reputation in the skateboard and outdoor recreation industry. This business is very established, with a lengthy history. The business finished with $1.614 million in revenue and $551,763 million in Seller's Discretionary Earnings (SDE), respectively in 2020. Due to some new products, such as electric skateboards and premium bags, the business expects revenue to grow to $1.800 million in revenue and SDE of $620,000 in 2021. The business is currently 100% e-commerce, though its brand could be scaled to retail stores and skateboard shops, as new distribution channels. The owner has also successfully built the team around the business, allowing the next owner to focus on strategy. The owner generally works 10-20 hours/week.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,614,365
Cash Flow:   $551,763
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $446,000
Seller Financing:  Yes

About The Business

Year Established:  2001
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  raining: The owner will provide training as needed to the buyer.
Reason For Selling:  Reason For Sale: The owner wishes to work on his other businesses and projects.




Print Listing Id: 700359552
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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