Need help?

Sportswear Shop Investment Opportunity in Nassau, Bahamas

Skate shop with own label brand and other brands seeks funds and partner to grow.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 23 thousand
Run Rate Sales USD 64 thousand
EBITDA Margin Operating at loss
Industries Sports Goods Stores + 1 more
Locations  Nassau
Local Time 1:34 AM America / Nassau
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 50 thousand for 25.0% stake (Native Currency: USD 50,000)
Reason: - We are looking for an investor with the capabilities to expand sales & marketing and product line.... View More
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Skateboard shop registered in Nassau, Bahamas.
- Have been in the business for 3 years, specialising in products and services based around skateboarding and the skateboarding culture.
- Have our own branded label skateboard decks, t-shirts, and sneakers, along with a curated selection of European skate brands.
- On average we receive 100 local customers per week and many tourists.
- Have a lot of recurring customers.
- Business has an in-house cafe to generate additional revenue.
- Products are sourced and produced in Europe.
- Won 4th prize in the Central Bank of The Bahamas Art Competition for our photo collective, a book documenting the skateboarding scene in The Bahamas.
- Company has 2 partners with 99% and 1% shares.
- Business has govt backed loan of $15K for 5 years.
- We are running at loss due to high expenses and operating costs. Working on generating profit.
Products & Services Overview
We have four business line offerings as a company.
- Skate shop.
- Coffee shop.
- Art gallery.
- Events.
Assets Overview
Furniture & Fixtures: $10,000.
Security Deposits: $10,000.
Inventory: $15,000.
Cash: $5,000.
Facilities Overview
We are located in the heart of downtown Nassau, in close proximity to the cruise ship dock. We occupy 1,100 sq. ft. of commercial space for rent.
Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more