Profitable Norwich Water Sports Business Specialising in Paddleboard and LED Kayak Hire for Sale
Norwich, Norfolk
- Status
FOR SALE
- Advert ID
625161
- Reference
B08519 / Rightbiz
- Call Agent:
- Leasehold: £79,995
- Turnover: £82,000 (£1,577 Per week)
- Net Profit: Not Applicable
Business Details
Thriving Outdoor Water Sports Business For Sale
BusinessPlease quote reference B08519
CoGoGo presents a thriving outdoor water sports business with unique LED kayak experiences.
Established four years ago, this highly regarded outdoor water sports business specialises in paddleboard and kayak hire, offering unique LED kayak experiences. Located in Norfolk, the business operates on the scenic River Bure and at Hemsby Beach, attracting both locals and tourists.
With prime locations on the tranquil River Bure in Coltishall and the stunning coastline of Hemsby Beach, this business provides an ideal setting for paddling adventures. Clients can easily launch from a river jetty or explore the open sea, with the flexibility to take equipment off-site for a personalised experience.
This family-run business has built an enviable reputation, with excellent reviews and a robust online presence, including 12,000 social media followers. The business assets, valued at £35,000, include paddleboards and kayaks, with a standout feature being the LED kayaks that deliver a one-of-a-kind nighttime paddling experience.
Operating on a rolling lease with five months remaining, the premises are secured at an affordable monthly rent of £500.
Unique Selling Points
- Exclusive LED kayak experiences that set the business apart.
- Outdoor sports hire is VAT-exempt, adding a financial benefit to operations.
- Excellent online reviews and a strong community following.
- Significant growth potential with existing brand recognition.
This is an exceptional chance to acquire a thriving and innovative water sports hire business with a unique market niche, established client base, and significant growth potential. Perfect for an enthusiast or entrepreneur looking to dive into an exciting industry.
For further details, please enquire through CoGoGo directly!
Location
Summer Sup is located at 39 High St, Coltishall, Norwich NR12 7AA.
Premises
This can be accessed via the public footpath off the bridge through Coltishall on the right hand side.
Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place.
The current rent is £500 per month.
Hours
The current operating hours are:
Monday to Sunday - 10:00 am to 6:00 pm
Staff
This business is run and managed by our client.
Financial Profile
This business generated a turnover of £82,000. Full financials can be made available upon request.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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