Location: United States -> Georgia -> St. Marys
Industry: Retail > Other Retail

Businesses foor sale Summary

Rapidly expanding kayak / canoe retail specialty store and livery for sale. Located in coastal Georgia on the coast in a fast growing area, a short distance from the Jacksonville metro area, with one million people within a 60 mile radius. Next to the Cumberland Island National Seashore ferry departure.

The company has expanded over the last five years, experiencing 250% growth. It carries a large inventory of higher end kayaks, canoes, paddle gear and clothing. It has camping inventory targeted to the Cumberland Island visitor, and carries the Crocs brand footwear. The company recently established an online e-commerce store on its website, which is fully functional. All vendor credit lines are in excellent shape.

The livery provides guided kayak tours in area marshes and rivers, including destinations to Cumberland Island and Okefenokee Swamp. It has 100 boats in its fleet and is experienced in trips of 40+ people. We are also the primary vendor for a large hotel corporate groups trips. The company utilizes an online reservation system capable of handling credit cards.

Owner has plowed earnings back into company over past five years to fund growth, relying on outside income for living expenses. Loss of outside income is necessitating sale of company. Asking price is $275,000. Annual sales in $240-280 range. Sales includes kayak and canoe livery fleet, trailers, 15 passenger van, pfd’s, paddles, rental camping gear (30+ people), retail fixtures and inventory, POS system, website with ecommerce storefront and online reservation system. Will consider partnership if an aggressive expansion plan contemplated.

This is a great lifestyle, full of colorful people and memorable experiences. Leave behind the corporate world, join this exciting career field. For further information, check out the company website at upthecreektrips.com. Email inquiries preferred.

Financials

Asking Price Range:  $250K – $500K
Gross Revenues:   $270,000
Cash Flow:   $28,000
Cash Flow Type:  EBITDA
Inventory:  $260,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2004
Number of Employees:  1 – 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Negotiable.
Reason For Selling:  Undercapitalized.