MergerPlace

Surfing & Skateboarding Specialty Retail

Oregon (Lincoln)


  • Asking Price: $150,000
  • Gross Income: $247,552
  • Cash Flow: $64,025
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $10,000
  • Listing ID: #201858
  • Established: 1989
  • Employees: 1 PT

Business Description

The business was founded in 1989, after three years of "just for fun" backyard board-building met with unplanned success. The retail store in downtown opened in April 1991, the owners bring over 70 years of surfing experience to work each day. Their 20-year age difference provides a broad perspective on the industry, which is shown in the depth of products and services they offer to surfers, skaters and snowboarders.

The original custom surfboards are hand-made right here in Lincoln County. Every style of board that has worked over the last 5 decades is available, from tiny fish to massive tankers and guns. This is old school, one at a time hand shaping and it is still the best way to get a truly custom board. Other brands on the rack include Lost, JS, McTavish and a variety of brands from Global Surf Industries.

Skateboarding has always been a strong business in the Pacific Northwest and they have supported skating from day one. Some of the older crew will remember sessions on their double half-pipe at the old factory. Over one hundred decks are available, plus an impressive inventory of hardware and shoes. Only the highest quality equipment makes the cut at this store, where domestic, North American hardwood decks can still be found. Skaters from far and wide visit this area for the world-class parks in Lincoln County and visiting Pros are a common sight.

It's supposed to be fun, as they say. That's how it started and that remains the most valid reason for any of this. As the most complete Board Shop on the Central Oregon Coast. A continued long tradition of outstanding customer service. The owners and staff encourage all riders of any age or level of experience to check out their store and get acquainted.


Business Details

Primary Business Category: Retail Trade - Sporting Goods, Hobbies, Books
Location: Oregon
County: Lincoln

Company Information

Year Established: 1989
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 PT

Financial Information

Asking Price: $150,000
Gross Revenue: $247,552
Cash Flow: $64,025
FF&E: $10,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

Single story building, multiple businesses, sidewalk front on the main interstate central coast highway. Very busy traffic, especially during summer tourist season.

Growth & expansion opportunities:

With the right young, enthusiastic buyer this business could do well.

Competition:

There is some local competition but, this business has a long historical presents and over the years has built a great reputation for quality service and sales.

Reason for selling:

Owners would like to retire.

Support & Training:

Will train for 4 weeks @ no cost. City business License.

Contact Business Seller

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Business Listed By:

Randy Combest

Murphy Business Brokers