Business Description
For sale is a highly successful, family-run online business in the inflatable watercrafts niche. Located in Fort Worth, Texas, this 24-year-old business has seen exponential growth in the last two years. The dominant player in the inflatables market, the business enjoys premium converting SEO real estate, and preferential treatment from vendors.
The company has grown steadily over the last two decades with 2022 sales of $4.5M and 2022 sales of $4M. This business has a solid upward trajectory and is set to continue this pattern. For 2022, the business is set to have another explosive growth year with forecast of $5.5M+ top line, but also an expanded bottom line. Ownership has expanded its private label and unique SKU mix, added a proprietary line of accessories, and investment into the business’s inventory. Supply chain issues in 2022 left about $1M in unfulfilled demand on the table that is expected to convert in 2022.
This multimillion-dollar business is easily run by someone who takes pleasure in handsome annual net profits. An added bonus is enjoying an outdoor lifestyle while testing products for review and on behalf of a variety of manufacturers. The business can be moved to any location the buyer wishes, or can be left in North Texas and run remotely by new ownership.
The savvy buyer could take this company to a new level and substantially increase revenue by continuing product line expansion and taking advantage of several in-place new partnerships/ products that ownership has in the pipeline.