Summary
Operate at multiple locations with a low-risk investment opportunity. The business boasts a 50% profit margin and is fully turnkey with SOPs and experienced staff in place.
Revenue
$40,079 pa
Expenses
$19,024 pa
Net Profit
$21,055 pa
Location Details
Brisbane CBD
Current operations are held at Fairfield Skatepark. Council permit estimates $1542 per location.
Potential
Skatewell is a well-established brand in the Brisbane skateboarding community, operating successfully for over 5 years. With a strong reputation and loyal customer base, this business offers growth opportunities through partnerships with local schools and organisations, development of online courses to reach a broader audience, and franchising opportunities for scaling the business.
Skills
Successful management of a skateboarding business requires strong management skills, with a knowledge of skateboarding beneficial but not necessary; hiring the right people to handle operations and coaching is key. Management skills are essential for overseeing daily operations, staff management, and customer relations. This ensures smooth business operations and high-quality customer experience, regardless of personal skateboarding expertise.
Hours
Operating one 1-hour session per week. Management of the business equates to approximately 50 hours per quarter.
Lease
N/A
Employees
4-6
Reason for Sale
Established in 2018, Skatewell has been a cornerstone in the skateboarding community, providing top-quality coaching services. With a clear vision for the future, we've made the decision to seek new ownership. While passionate about skateboarding, our aspirations now lie elsewhere. We believe with the right leadership, Skatewell can continue to positively impact skateboarders worldwide.
About the Business
Skatewell is a pioneering skateboarding business based in Brisbane, Australia, dedicated to providing top-quality coaching services and fostering a community around the sport. Established with the goal of making skateboarding accessible and enjoyable for everyone, Skatewell offers a variety of services tailored to different age groups and skill levels.
Skatewell specialises in group coaching sessions, private lessons, and has the potential for partnerships with local councils and schools to provide skateboarding programs and workshops.
Our clientele spans across children, adults, and families, reflecting the inclusive and community-focused nature of our business. Whether you're a beginner looking to learn the basics or an experienced skateboarder seeking to refine your skills, Skatewell is committed to helping every client achieve their skateboarding goals.
Skatewell stands out in the market with its wide appeal and professional family-friendly branding. As the first skateboarding business in Australia to actively target families, Skatewell has cultivated a reputation for clean and tidy operations and firm core values. Our commitment to inclusivity and safety sets us apart, ensuring that every session is conducted with professionalism and care.
With a strong foundation and proven success, Skatewell has the potential for franchising opportunities for entrepreneurs looking to invest in a thriving business model. Our standardised operations and established brand make it easy for franchisees to replicate our success in new locations, spreading the joy of skateboarding nationally.
Why Invest in Skatewell?
Skatewell is not just a business; it's a successful model that has operated on only one 1-hour session per week, demonstrating efficient use of resources and a high-profit potential. With the ability to expand the number of sessions and replicate our business model across multiple locations nationwide, Skatewell presents a lucrative investment opportunity in the growing skateboarding industry.
History
Skatewell Skateboard Coaching was founded in 2018 with a shared vision: to offer top-quality coaching to people of all ages and abilities, enhancing well-being through skateboarding. Based in Brisbane, our business specializes in small group classes and private lessons tailored to individual needs and skill levels. We believe skateboarding is for everyone, fostering inclusivity and community. Our passionate coaches inspire wellness and self-expression, making skateboarding a lifelong joy for our students.
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