Internal Ref: 196
Summary
Australia’s #1 Kite, Wing and Hydrofoil Shop, with over 30 years in the industry and a recognised specialist brand. Approximately 50% of sales are generated online. An established kitesurfing school o
About the Business
Business highlights
• Australia’s # 1 Kite, Wing and Hydrofoil Shop.
• More than 30 years of history in the kite industry.
• Recognised specialist brand serving kitesurfing and hydrofoiling customers.
• Approximately 50% of sales generated online.
• Established kitesurfing school offering private lessons from beginner through to advanced level.
• Lessons and equipment packages connect the teaching and retail sides of the business.
• Hydrofoiling is a growing part of the product mix, with scope for further development through the business’s retail and online channels.
The opportunity
Volt Business Sales is pleased to present the opportunity to acquire one of Australia’s longest-established kite businesses.
1. The business has evolved with the sport, building a recognised specialist presence in kitesurfing while developing its hydrofoiling offering. Approximately 50% of sales are now generated online, extending its reach well beyond its physical location.
2. Its kitesurfing school adds another dimension to the opportunity. Private lessons introduce new riders to the sport and help experienced riders progress, while lesson and equipment packages connect customers with the retail business.
3. Hydrofoiling is a growing part of the business’s product mix, offering an incoming owner scope to develop this category further through its established retail and online channels.
4. This combination of brand history, online sales, specialist products, key supplier relationships and lessons provides several ways to engage customers. An existing water sports operator may see an opportunity to expand its reach; a knowledgeable owner operator could build on the business’s position in NSW and across Australia.
At a glance
Industry: Kitesurfing and water sports retail, kitesurfing lessons
Key categories: Kitesurfing and hydrofoiling
Established: Over 30 years in the kite industry
Sales channels: Online, physical retail and lessons
Online sales: Approximately 50% of total sales
Location: NSW based
Annual revenue: Multi-Million Dollar revenue
Sale type: Goodwill & Assets
Stock: Circa $1.6 million
Price: POA call lead broker.
Enquire today
Contact Volt Business Sales to register your interest. Further information will be provided to qualified buyers following completion of a confidentiality agreement.
Connect with us