For sale is a 15-year-old and veteran-owned Ecommerce business that specializes in selling other brands’ surfing equipment, gear, accessories and apparel. The premier online retailer has developed relationships with hundreds of manufacturers that provide products for the site, including well-known brands such as Quiksilver, Billabong, Hurley, Volcom, Rip Curl, Dakine, and O’Neill. The partnerships with their top ten premium brands are over a decade old and provide a very real barrier to entry, as the brands currently are reluctant or simply refuse to open new online retail accounts.
The business has nearly $1.1M in inventory and has multiple sales channels — Revenue is: Amazon (75% – not FBA, but self-fulfilled), their own website (15%) and eBay (10%).
There are five employees who run the daily operations. The business operates out of a family-owned warehouse that is leased to the business and a new owner will keep the same lease price (with an annual CPI increase).
Year-over-year, Nov numbers were up 24%, Dec was up 31%, Jan’22 up 31%, and Feb’22 is up 35% so far compared to the previous year.
The business comes with a premium domain and all custom website assets.
This business does not currently qualify for SBA 7a financing from the business tax returns. Buyers will have to propose cash or other structured offers for consideration.