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Business ID BS7630

Retailer of Iconic Surf Brands For Sale - Central Coast NSW

Under Management Profits $100K Sale Price $295K

The business retails leading brand surf clothing, footwear and accessories from 2 very well presented store locations on the NSW Central Coast.

Business Highlights

  • Established over 35 years under original ownership
  • Reliable and experienced staff in place
  • Currently predominantly run under management
  • 2 stores in strong retail locations
  • Consistent annual turnover - approx. $1.3m
  • Healthy Gross Margins 47%

The owners will provide a months training to assist the new owner establish themselves in the business. Longer term assistance may be available subject to discussion.

Due to the ill health of the owners the business has been effectively run under management for some time. There is an opportunity for a hands on owner or family to enjoy an increased return from the business.

Consideration will be given to selling the stores individually.

The business is available for $295,000 ono. This includes Goodwill and all Assets/Fixtures and Fittings. Stock on hand is available at an additional cost and new season stock has just arrived. Inventory is currently valued around $290K

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Business Sale Price:
$295,000 + SAV
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