Lake Norman Surf Shop with No Local Competition

20 Years in Business - Market Leading Wakeboard Shop for Sale

Under single ownership for 20 years, IcyWakes Surf Shop has established itself as the leading hub of the Lake Norman watersports ecosystem, a market that’s thriving alongside the rapid population growth of Mecklenburg County. With Charlotte and its surrounding areas projected to grow at an average annual rate of 1.7% over the next five years, the shop benefits from an ever-expanding customer base that fuels the popularity of wakeboarding and wakesurfing in the region. IcyWakes enjoys a strong community reputation, bolstered by loyal customers and word-of-mouth referrals, providing steady revenue with minimal marketing costs.

The wakeboarding and wakesurfing industry is set to grow significantly, with expected annual growth rates of nearly 9% through 2028, making IcyWakes Surf Shop perfectly positioned to ride this wave of industry expansion. Offering rentals, lessons, top-tier gear, and unique wake camps, the shop captures a broad audience, from newcomers to seasoned water enthusiasts. Its unique market position—free from direct competition within a 50-mile radius—provides a competitive edge, making this business a lucrative investment with established profitability, strong supplier relationships, and multiple growth avenues in a booming industry. Note that cashflow is a weighted average of 2021-2023 results. For more detailed information, please contact broker Dale Brunelle at 984-325-0223 or dale.brunelle@fcbb.com.