Profile No. CB-0820, Whitewater Rafting Company
|Profile No. CB-0820
||Whitewater Rafting Company|
|NAICS or Sic Code: 713990||Industry: All Other Amusement & Recreation Industries|
|Gross Sales: See Below||Sellers Discretionary Earnings: See Below|
|Value of Assets Included: $133,000||Inventory Included:|
|Asking Price: $245,000
Description: This popular whitewater rafting start-up company was formed only three years ago in Buena Vista Colorado. The company has substantial potential and has shown considerable growth since its inception. This business started from scratch. They have built an outstanding reputation in the outdoor industry and more importantly within the community they serve. They have 5-star reviews on every review site (Trip Advisor, Google, Yelp, etc.) and have 15000+ likes on Facebook. This is not your typical rafting company but rather a boutique company meaning that the customer is put first in priority and make sure the customer has a very rewarding, safe and memorable experience on the water. At this time, there can be no new rafting company permits issued so to obtain a permit, one would have to buy an existing rafting business.
This business was started from scratch by three brothers who all grew up within a few hundred feet of the business. They began with just a little bit of equipment and retail products and have grown the business to where it is today. This is truly a start-up business but the hard work has been done and all it needs now is a new energetic owner who has some good marketing ideas and techniques to grow this business to a million-dollar plus enterprise.
Growth & Expansion:This is a relatively new company which was formed in 2013 and should be considered a start-up company. Sales were slow to materialize during the first two years due to lack of knowledge by the public and tourists that this new company existed. But sales nearly doubled in 2016 over 2015. The opening of Brown’s Canyon and the additional tourism from that should make this business a high-growth business in the future. As more and more people are traveling with an improved economy and more people are wanting to do outdoors adventures, there seems to be no limit as to what this business can do. This is not your typical rafting company as it is a Boutique company meaning that they put people first and make sure the customer has a memorable, amazing, and safe experience on the river.
Support & Training:Negotiable as required by Purchaser.Reason for Selling:Other business ventures.