About the Business

Iconic Business – Under Management – Nett profit $125Kpa
Location is critical to the success of any business focused on water sports.
This iconic business is perfectly positioned meters from the Broadwater, close to a high-profile shopping mall and without competition. Combine this with being easily accessed from a major arterial, close to busy, popular boat ramps and parking so spacious, customers can drive in with their boat, it is easy to see why this business is so successful - fishermen, divers and water sports enthusiasts have been stopping here to buy from them for over 50 years!
Simple to own, it is managed by an experienced employee who is keen to stay. This lifestyle business comfortably generates an average income of $125k pa for the owner. There has been minimal attempt to market or develop this business which has so much potential to grow here on the Gold Coast - a mecca for fishing, diving and water sports.
Some key facts:
Outstanding cash-flow, with no debtors to chase
Long lease available
A working owner could expect an income of $200k+pa
Limited attempt to promote the business as it benefits from the best kind of marketing – word of mouth
Not just a great trading history, but consumer demand for these products/services will continue long into the future
A turnkey business which, in hands of an energetic, social media savvy owner, can grow substantially without the need for further financial investment
Retirement beckons for this vendor who is flexible on what the handover would look like and is committed to a successful transition to the new owner. This is a perfect opportunity to become your own boss or to cost effectively expand an existing business.
$295K + SAV
Eamonn Bicknell: 0452 321 954