$2.8M Sales, Outdoor Adventure & Aviation biz, $864k Cash Flow

King County, WA

Seller Financing Available

Outdoor Recreation - Washington Business Brokers
Sale Pending
Asking Price:$3,125,000
Gross Revenue:$2,775,000
FF&E:$175,000
Cash Flow:$864,000
Rent:$5,500/Month
Established Year:2000
BUSINESS DESCRIPTION

*UNDER CONTRACT as of 9/23/24*

This owner and business are currently in an exclusivity period with a prospective buyer. While the transaction between these two parties is expected to move forward, we will reach out to all interested buyers should the circumstances change.

This outdoor adventure & aviation business is nationally known and thriving. In business for 20+ years, it is cash flowing and has an outstanding reputation. Based in Western WA.

$2,775,000 - 2023 revenue (+4%)
$2,666,000 - 2022 revenue (+9%)
$2,442,000 - 2021 revenue

Strong, growing cash flow - in 2023 business generated $864,000 in SDE (cash flow to owner).

Priced appropriately at 3.6x SDE

****For more info, complete an NDA****

https://wabusinessbrokers.com/nda-registration/

5,000+ reviews across every leading social platform, featured on national and local TV, and in media spotlights galore. The reviews speak for themselves, submit an NDA and you will see what we mean!

Methodical Operations Playbook - buyer will be stepping into an operation that has methodically developed a playbook for each season. Practices are documented, reinforced through a strong culture and commitment to industry best practices, and rigorously adhered to. Owner does operations planning in the off-season, 2024 playbook is locked and ready to go

Experience Economy - consumer preferences have shifted considerably, our culture increasingly values experiences over things. People want to create memories with friends and loved ones, want it captured with technology, and are willing to pay accordingly. The Pacific Northwest is a part of the world that prizes outdoor recreation, adventure, and an intrepid spirit

Strong cash flows - business enjoys enviable profitability, in 2023 it generated $864,000 in SDE on $2,775,000 in Sales, 31% of each sales $ = SDE

Proven model & experienced team - core leadership of 5 managers is experienced, tenured, and solid. Buyer will be taking the reins of an established, profitable enterprise with a playbook that works. 25+ employees

Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA

Equipment in Excellent Condition - all transfer to buyer debt-free, all are well maintained. New owner will not need to purchase any vehicles or equipment immediately after buying the business. Includes all assets and equipment used in the business

Reason for sale - owners founded the business nearly 25 years ago and grew it to it's current size, they are ready to transition business, and see new owners continue their legacy

Seller Financing available - provided buyer is financially qualified, seller open to financing up to 10% of transaction price at a market-rate interest rate. Note strong seller preference for an all cash transaction.

Transition Period and/or Training - owner amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 45 days. Beyond this initial transition period, should the buyer wish, owner is willing to be available as needed for advisory / consulting at an agreed upon hourly rate for 1-year post sale

To receive confidential marketing materials with much more detail on the opportunity, complete an NDA here:

https://wabusinessbrokers.com/nda-registration/

After your NDA has been reviewed more information will be released!


DETAILED INFORMATION
Location
King County, WA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,193
Lease Expiration
31/12/2029
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Equipment in Excellent Condition - all transfer to buyer debt-free, all are well maintained. New owner will not need to purchase any vehicles or equipment immediately after buying the business. Includes all assets and equipment used in the business
Competition
High Barriers to Entry - more detail provided in confidential marketing materials
Growth & Expansion
Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA
Financing
Up to 10% at a market-rate interest rate. Strong bias for an all cash transaction
Support & Training
Transition Period and/or Training - owner amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 45 days. Beyond this initial transition period, should the buyer wish, owner is willing to be available as needed for advisory / consulting at an agreed upon hourly rate for 1-
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Ryan
Hemmert
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Ryan Hemmert