Kayak Ecommerce

Asking Price:

$1,900,000

Financial Overview

Revenue:
$3,800,000 (Projected)
Income:
$900,000 (Projected)
Multiple:
2.1x

Business Description

For sale is a highly successful, family-run online business in the inflatable watercrafts niche. Located in Northern California, this 23-year-old business has seen exponential growth in the last year and has proven itself COVID-proof — but this increase is not an anomaly. The company has grown steadily over the last two decades with sales of $1.9 million per year for the past five years. This pandemic year will see almost $4 million in sales. This business has a solid upward trajectory and is set to continue this pattern. Many of the Kayaks and Standup Paddleboards for next year are already spoken for with hundreds of people on waitlists waiting for the perfect model.

This multi-million-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 (and should) be moved to any location the buyer wishes and will likely save on shipping related costs.

The savvy buyer could take this company to a new level and substantially increased revenue simply by adding products and accessories for more and different kinds of outdoor adventures and sporting hobbies.

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