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Retail

Established Water Sports Retailer with Strong Online Store

Santa Cruz, CA, USA
Listed 73 days ago
Established 2010

Founded in 2010, this highly regarded paddleboard and foil sports retailer is one of the original stand-up paddleboard (SUP) shops in North America and has operated successfully from the same prime location for over a decade. With very limited local competition, the business is widely recognized as the dedicated SUP and foiling shop serving the Santa Cruz and Monterey Bay area. The company has built a strong reputation both locally and nationally, especially following the launch of its e-commerce platform in 2024, which continues to show strong growth and expand brand reach. In addition to stand-up paddleboards, the shop specializes in: Hydrofoiling & Wing Foiling, FoilDrive products, Onewheel products, Apparel and accessories. The business operates from a 1,600 sq. ft. retail space in an attractive commercial location with ample shared parking. The landlord is cooperative, and the business has enjoyed a long-term, stable tenancy. Financial performance has been consistently strong, with solid revenues and improving net income. The business is on an upward trajectory, and current-year performance is projected to exceed prior years due to accelerating online sales. This is a profitable, turn-key opportunity with: Over 10 years of operating history, Established customer base and brand, Niche market leadership, Strong growth potential through e-commerce. Ideal for an owner-operator or strategic buyer with an interest in water sports, retail, or specialty sporting goods.

Inventory

$350,000 at cost (in addition to purchase price)

Square Footage

1,600 sq. ft.

Reason for Selling

The owner is selling due to health reasons

Financials

Asking Price
$197K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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