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20 Years Established Web - Based Paddling School & Outfitter
Location: United States -> Maryland
Industry: Entertainment and Leisure > Other Entertainment and Leisure

Business Summary

**20-Year Established Web-Based Outfitter Serving The Nation's Capital**
Trade in your dress shoes for river sandals and still earn six figures by owning this award-winning, vertically integrated kayak / rafting / stand up paddleboard instruction, guiding, and retail business. This beloved business has built unparalleled brand strength through a 20-year commitment to high quality customer service, fostering community, and promoting conservation. As of June, 2018 the business is enjoying a healthy 9% YTD increase in sales.

The business' unique service and community-building model delivers exceptional value to its customers, high profit margins, and six figure earning potential. Up to 90% gross profit margins flow from a wide variety of beginner paddling lessons and trips booked and scheduled online. As they progress through these series of pre-paid events, beginner students and guests need an increasing amount of apparel and accessories to participate, which the business' attractive brick and online retail stores sell at up to 60% gross profit margins.

Lessons and trips are offered frequently, which makes scheduling flexible. Weeknight ''Practice Clinics'' bring together DC-area professionals, creating a friendly social environment, and always conclude with customers congregating at a pizzeria next door to the business' retail store. Through lessons, practice, and this social setting, students and guests develop relationships that last a lifetime.

Once trained, and with their newfound peer-friends, students gain the confidence to purchase kayaks, stand up paddleboards, car roof racks, winter dry suits, and all other related accessories necessary to be self-sufficient, which the business' retail store sells. The business is also the only paddlesports retailer convenient to the most popular paddling destination in the Mid-Atlantic.

The business features its own proprietary software for event management that integrates with its eCommerce platform.


Asking Price Range:  $250K - $500K
Gross Revenues:   $395,000
Cash Flow:   $125,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  3 months
Reason For Selling:  Owner relocation


View Larger Photo(s) Of Business
20 Years Established Web - Based Paddling School & Outfitter Photo 1 20 Years Established Web - Based Paddling School & Outfitter Photo 2 20 Years Established Web - Based Paddling School & Outfitter Photo 3

Print Listing Id: 700320341
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