General Business Information
Listing ID:
4110-00479
Listing Type:
Exclusive Right of Sale
Price:
$750,000
Down Payment:
$750,000
Category:
Retail Establishment
County:
Franklin
State/Prov:
Florida
Sales:
$502,440
SDE:
$199,826
Description of Business
Business Price: $750,000
(includes $182,000 in inventory)
Located on the picturesque St. George Island, Island Outfitters is a well-established sporting goods retail business with a stronghold in Florida’s high-end coastal market. Since 2003, it has served locals and tourists alike with a premium mix of pro tackle, watercraft sales & rentals, upscale apparel, and local art—all backed by personalized customer service and a oyal clientele.
BUSINESS HIGHLIGHTS
Diverse Income Streams: Pro shop, rentals, retail, and more
No Direct Competition: Niche market with strong brand recognition
Prime Location: High visibility in a luxury coastal destination
Turnkey Operations: Minimal staff, streamlined systems
Ready For Growth: Expand online sales, rentals, or year-round services
REAL ESTATE OPTIONS
Buy the business alone or pair it with one or both valuable parcels:
PARCEL 1 ($300,000) offers development potential with C4 zoning, including residential use.
PARCEL 2 ($1,400,000) is a premium property essential to current operations, yet it’s also available separately, allowing flexible acquisition strategies.
This is a rare opportunity to own a profitable, established business in a prime island location—alongside real estate with appreciating value and development potential.
Listing Details
Location:
Franklin County's St. George Island is a top-rated beach destination where Island Outfitters is situated on a high-traffic road.
Organization Type:
'LLC'
Hours of Operation:
Monday - Saturday 10a -5p; Sunday 10a - 4p
Years Established:
21
Years Owned:
21
Employees FT:
0
Employees PT:
0
Managers:
0
Amount of Hours Owner Works:
48
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other $0
TOTAL OWNER BENEFIT
2024
$502,440
$213,309
$289,131
$206,063
$83,068
$64,685
$6,614
$0
$2,714
$19,066
$199,826
2023
$643,655
$287,146
$356,509
$234,275
$122,234
$77,000
$4,798
$15,032
$2,714
$13,926
$235,704
2022
$811,746
$360,423
$451,323
$280,316
$171,007
$84,992
$4,566
$14,482
$2,714
$20,181
$297,942
Assets Included in Sale
Other:
$0
Real Estate:
$1,700,000
Leasehold Improvements:
$30,000 Included
FF+E:
$76,000 Included
Inventory:
$182,000 Included
Total Assets Included:
$258,000
Lease Information
Building Type:
Parcel 2 ($1,400,000) essential to current operations, yet it’s also available separately. Parcel 1 ($300,000) offers development potential with C4 zoning, including residential use. 2 parcels are used by the store, the other is a warehouse.
Summary
Reason for Sale:
Retirement and Travel
Training and Support:
Two weeks at no cost to the buyer.
Non Compete:
Five miles for three years.
Owner Qualifications:
Business Management
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00479
Listing Type: Exclusive Right of Sale
Price: $750,000
Down Payment: $750,000
Category: Retail Establishment
County: Franklin
State/Prov: Florida
Sales: $502,440
SDE: $199,826
Description of Business
Business Price: $750,000
(includes $182,000 in inventory)
Located on the picturesque St. George Island, Island Outfitters is a well-established sporting goods retail business with a stronghold in Florida’s high-end coastal market. Since 2003, it has served locals and tourists alike with a premium mix of pro tackle, watercraft sales & rentals, upscale apparel, and local art—all backed by personalized customer service and a oyal clientele.
BUSINESS HIGHLIGHTS
Diverse Income Streams: Pro shop, rentals, retail, and more
No Direct Competition: Niche market with strong brand recognition
Prime Location: High visibility in a luxury coastal destination
Turnkey Operations: Minimal staff, streamlined systems
Ready For Growth: Expand online sales, rentals, or year-round services
REAL ESTATE OPTIONS
Buy the business alone or pair it with one or both valuable parcels:
PARCEL 1 ($300,000) offers development potential with C4 zoning, including residential use.
PARCEL 2 ($1,400,000) is a premium property essential to current operations, yet it’s also available separately, allowing flexible acquisition strategies.
This is a rare opportunity to own a profitable, established business in a prime island location—alongside real estate with appreciating value and development potential.
Listing Details
Location: Franklin County's St. George Island is a top-rated beach destination where Island Outfitters is situated on a high-traffic road.
Organization Type: 'LLC'
Hours of Operation: Monday - Saturday 10a -5p; Sunday 10a - 4p
Years Established: 21
Years Owned: 21
Employees FT: 0
Employees PT: 0
Managers: 0
Amount of Hours Owner Works: 48
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2024
GROSS SALES: $502,440
– Costs of Goods Sold: $213,309
= Gross Profit: $289,131
– Total Expenses: $206,063
= Net Before Taxes: $83,068
ADD BACKS
+ Owner(s) Salary: $64,685
+ Benefits: $6,614
+ Interest Expense: $0
+ Depreciation: $2,714
+ Other $0: $19,066
TOTAL OWNER BENEFIT: $199,826
INCOME PERIOD, Year: 2023
GROSS SALES: $643,655
– Costs of Goods Sold: $287,146
= Gross Profit: $356,509
– Total Expenses: $234,275
= Net Before Taxes: $122,234
ADD BACKS
+ Owner(s) Salary: $77,000
+ Benefits: $4,798
+ Interest Expense: $15,032
+ Depreciation: $2,714
+ Other $0: $13,926
TOTAL OWNER BENEFIT: $235,704
INCOME PERIOD, Year: 2022
GROSS SALES: $811,746
– Costs of Goods Sold: $360,423
= Gross Profit: $451,323
– Total Expenses: $280,316
= Net Before Taxes: $171,007
ADD BACKS
+ Owner(s) Salary: $84,992
+ Benefits: $4,566
+ Interest Expense: $14,482
+ Depreciation: $2,714
+ Other $0: $20,181
TOTAL OWNER BENEFIT: $297,942
Assets Included in Sale
Inventory: $182,000 Included
FF+E: $76,000 Included
Leasehold Improvements: $30,000 Included
Real Estate: $1,700,000
Other: $0
Total Assets Included: $258,000
Lease Information
Building Type: Parcel 2 ($1,400,000) essential to current operations, yet it’s also available separately. Parcel 1 ($300,000) offers development potential with C4 zoning, including residential use. 2 parcels are used by the store, the other is a warehouse.
Summary
Reason for Sale: Retirement and Travel
Training and Support: Two weeks at no cost to the buyer.
Non Compete: Five miles for three years.
Owner Qualifications: Business Management
LISTING BROKER