Ever picture yourself working outdoors on the water and in the sun? Going to work in bare feet? Situated in Sydney's Northern Beaches on Pittwater, only an hour's drive north of Sydney, Paddlecraft is a popular kayak, ski and SUP hire and sales centre offering hourly hire, retail sales and tours. Established for over 15 years, Paddlecraft is an acknowledged leader in the water sports hire and retail industry, and has recently diversified into the eco tourism market.
Globally, nature based tourism is regarded as a growth market, with Australia positioned as a premiere destination to experience world-class nature. With the emerging affluence of a Northern Beaches location and increased recognition of this area as a tourist destination for the beach and water lifestyle, Paddlecraft is well positioned to capture more of this growing market for both the domestic and international "experience seeker". Located at 1714 Pittwater Road, Bayview, NSW, Paddlecraft is at a marina location on the southern edge of Pittwater, and a twenty minutes paddle to the western foreshore of Ku-ring-gai Chase National Park.
With the ongoing decline in retail sectors across all industries, Paddlecraft hire and tourism operations has provided a steady and increasing income revenue against continuing uncertainties in sales. Paddlecraft represents an excellent opportunity as a results of the considerable time, effort and money invested in the development end of the establishment phase building a unique brand and reputation in the water craft and tourism industry. The business is now positioned to move into the next stage of its growth phase into promoting and marketing its established brand name and increasing its customer base.
Paddlecraft is the sole "bricks and mortar" paddling center on Pittwater, a proprietor limited registered business, comprehensively insured and licensed, offering a wide range of paddling gear & apparel, kayak and stand up paddle boards (SUPs) sales, kayak & SUP hire and guided eco tourism products both in store and on line. Established in 2004, the business operates 7 days a week during the peak warm weather season with (1) full time staff and (4-5) part time staff and is open part time during winter.
Assets included in the sale of the business include an extensive range of hire kayaks, stand up boards and paddling equipment, kayaks storage stands and trailers, paddle craft / apparel / paddling gear stock, emergency vessel and berth, shop fittings and equipment, e-commerce online website(s) and goodwill. Financial Summaries and Detailed Business Overview availble on request.
Located at Bayview Marina, at 1714 Pittwater Road, Bayview NSW 2104, Paddlecraft occupies Suite 3 under a Three Year Term to lease commencing 01 August 2018 and ending 31 July 2021 with a three year option to renew. The premises include a shop front premises, external kayak storage areas and a berth for your dinghy or motor boat.
As a family business, Paddlecraft was a husband & wife partnership, with Helen working in the business as the main manager for the 15 years of trading & provided a successful work / life balance to raise a family in the Northern Beaches. With both children completing university and high school studies, the sale of the business was targeted for 2020 2021 financial year. However, the unexpected marital separation of the two partners in 2018 has required the sale of the business to be moved forward.