Hawaii is the world’s premier location for the exciting ocean sports of kiteboarding, surfing, windsurfing and standup paddleboarding.   A pioneering provider of these ocean activates is offered for sale.

 

They offer beginning and advanced instruction, classes, clinics and gear rental and sales for these ocean sports to customers of all ages, tourists and residents alike.  It is being offered for sale on a totally turnkey basis, including all of the required gear, vehicles, equipment and most importantly the mandatory government ocean activity permits.

 

They are home based and operate at multiple beach locations and conduct their business out of attractively logo-ed and easy to see vans which encourage customer on the beach to sign up for a class.  They have a great experienced team of instructors.

 

They have been in business for 20+ years, thereby they have great customer recognition and preference, with lots of repeat business and referrals from satisfied customers.  They market through a number of very productive web sites, which can take customer reservations, by phone, and through a number of commissioned activities selling agents in Hawaii.

 

Important investment considerations:

 

• They have both County and State of Hawaii ocean recreation permits, which are in limited supply

• They operate on multiple beaches which gives them operational flexibility during rainy weather.

• Low fixed cost operation – no leased retail space.

• State of the Art Marketing websites which allow direct reservation booking and which requires little owner involvement

• Large team of highly qualified instructors

• Very extensive inventory of gear and equipment

• Due to Hawaii’s fantastic climate and weather they can operate 12 months per year

• Great market awareness and preference based on their 20+ year history of providing a great experience to their customers

• Current owner spends much of his time out of Hawaii on surfing and wind surfing trips around the world

• Good revenue and owner’s cash flow: 2018 owner’s profits of over $160,000

• Attractively priced at only $399,000

• Enjoy living and owning your own business in Hawaii’s paradise

 

COMPANY

Listing ID:  HI Ocean Rec

Location: Hawaii (Island Confidential)

Type of Entity:  LLC

Years Established: over 20

 

FINANCIAL SUMMARY

   2019 QB

Revenue: $364,831

SDE: $160,209

 

OFFERING SUMMARY

Asking Price:  $399,000

Included Inventory:  $0

Tangible Assets:  $200,000, original cost

Non-Compete:  5 years

Training:  2 weeks; 30 hrs./wk.

Sale Reason:  Other activities including more international travel.

 

REAL ESTATE/LEASE DETAILS

Home based

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Please contact us to receive a very detailed 50+ page Confidential Business Profile.