Fly Fishing E-Commerce Business! 20+ year old company! Great Brand!
Boulder, CO
| Asking Price: | $325,000 |
| Gross Revenue: | $540,000 |
| Rent: | $1,870/Month |
| Established Year: | 2005 |
| Cash Flow: | $70,000 |
| Inventory: | $130,000 |
| EBITDA: | $70,000 |
Listing ID: 2279087Listing provided by BizBuySell
BUSINESS DESCRIPTION
Online, direct-to-consumer fly fishing supplies business. We specialize in fly tying supplies, but have everything an angler would want! 20+ year old brand, with our own branded products with extremely high margins. We sell the most popular 3rd party brands. Over 4,000 SKU's, diverse customer base!
The business started in Canada and was moved to Colorado. Has strong international and domestic customer base. We provide a ton of content through youtube, instagram, and through our dedicated pro-staff. Business can be operated by 1 person. Owner willing to provide transition help for as long as needed.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
900
Lease Expiration
31/01/2025
Employees
1
Facilities
We currently operate out of ~900 sq ft in downtown Boulder. The business can be moved (we just moved it from Canada last year) and probably should due to competition and supplier preferences. Computers, desks, packaging equipment all included in the sale. Owner is willing to help the cost of moving the business if a buyer wants it in their home state.
Competition
Online fly fishing ecommerce is dominated by fly fish food,
Growth & Expansion
The US customer base has a ton of room to grow, as we just moved. Increasing ad spend in US across Meta and Google will significantly drive revenue. We are running meta at a 4-5x ROAs and Google at 3-4x, but have not invested more dollars into these. Product dev - we just came out with a new fly tying subscription plan and this already has a impact on sales. Expanding into domestically known reel, rods, etc brands. Relocating the business would lead to being able to sell certain 3rd party products which would increase revenue by ~10-15% on day one.
Financing
Seller financing available
Support & Training
Owner can provide training for the forseeable future. Will take ~1 month to get the hang of everything. Pretty simple picking and packing system. Owner invested a lot of time and money to make fulfilment more manageable.
Reason for Selling
Bought as an investment, not passionate about fly fishing
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