Scuba Equipment Distribution Business

Price: $1,550,000

Location: Broward County

Industry: General Merchandise Stores

Listing ID: 42734588

Listing Status: New

Description

SCUBA diving equipment distribution company doing 90% of sales online through Amazon, eBay, and company website. Physical location contains 4 new showrooms with beautiful inventory display. This is the largest distributor of SCUBA gear on the East coast, with orders coming from all over the world to include USA, Caribbean, Bahamas, and more. There is little to no competition of this size, and the current owner's relationships (which will be passed along to new owner during 90 days no cost seller training) keep this business at the top. Two officers of the company combined work ~40 hours per week (more work required during summer months), coming into the store/warehouse to do inventory control, and pack/ship orders. Knowledge of SCUBA diving is not needed, but will help (seller training will include inventory knowledge). Current owner is is a pioneer in the SCUBA world with great relationships in the industry that he is willing to pass along to a new owner. Fantastic opportunity to enter the world of internet sales with a business that services a niche customer base at a very large scale.

LISTING DETAILS

Down Payment: $1,310,000

Total Sales: $1,163,954

Cash Flow: $450,224

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: $25,000

FFE Included: Yes

Inventory: $311,000

Inventory Included: Yes

Operation

Year Established: 1990

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: N/A

Type of Location: Retail

Summary

Reason For Sale:

Retirement

Training & Support:

Seller provides training for 13 weeks at no cost.

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LISTING OWNER