Profitable Marine Shop for Sale in Ocho Rios, Jamaica
Established | 10-20 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 100 thousand |
Run Rate Sales | USD 140 thousand |
EBITDA Margin | 40 % |
Industries | Fishing + 1 more |
Locations | Ocho Rios + 1 more |
Local Time | 5:10 PM America / Jamaica |
Listed By | Business Owner / Director |
Status | Active |
The business has been operating for the last 15+ years as a pool store, just before the Coronavirus pandemic, we added fishing and spearfishing accessories as there was a price war in the pool supplies industry and did not want to be part of that. To our surprise fishing and spearfishing took off during the pandemic, we then decided to open another store in the town of Ocho Rios and also sell online. The sales have increased by 100% and still growing. The business is very lucrative and has the potential to grow if continued to be marketed properly, This business is very profitable and needs the right person/s to take it to another level. Majority of the sales are offline and we receive a good number of customers every day with a lot of repeat customers.
We provide pool chemicals, fishing equipment, fishing gear, accessories, and spearfishing gear through two locations as well as our own e-commerce web.
Inventory.
Furniture.
Equipment's.
Goodwill.
Logo, trade name.
Customers list.
Brands.
Ecommerce website.
The Store in Tower Isles has one floor and is located on the main road.
The store in Ocho Rios has two levels in downtown Ocho Rios, the same entrance as the beach and close to hotels and tourist attractions and a Marina.
Both are rented facilities.
Business was funded by self for the first few years but no longer use personal funds to invest as it turns over for itself. No loans in the business.
Business has a single owner.