Own One of Australia’s Most Iconic Surfing Businesses - A Once-in-a-Generation Opportunity

Retail

EOI CLOSING TUESDAY 6TH OCTOBER 2026

147 Thompson Avenue COWES

Castran and Alex Scott & Staff are proud to present Island Surfboards for sale as a thriving going concern.

For more than 55 years, Island Surfboards has been woven into the fabric of Australian surfing. Established in 1969, this legendary Phillip Island business is far more than a surf shop. It is one of Victoria's most recognised surf brands and one of Australia's longest-established independent surf companies.

Synonymous with Phillip Island's world-renowned surfing culture, Island Surfboards has built an enviable reputation through generations of surfers, locals and visitors alike. From shaping boards for Australia's coastline to introducing thousands of people to surfing through its renowned surf school, the business represents authenticity, heritage and an exceptional commercial opportunity.

Operating from two strategic Phillip Island locations, the business comprises its flagship retail store and surfboard manufacturing headquarters in Cowes, together with the iconic Smiths Beach retail store and Island Surf School, positioned alongside one of Victoria's premier surfing destinations.

Unlike a traditional surf retailer, Island Surfboards controls every stage of the customer journey. The business designs and manufactures its own proprietary surfboards, operates a highly regarded surf school, provides equipment hire and repairs, wholesales branded products, and has an established e-commerce platform extending its reach well beyond Phillip Island.

This fully integrated business model services locals, tourists, schools and the broader surfing community, creating multiple complementary revenue streams while reducing reliance on any single market segment.

Supported by an experienced team, loyal customer base, exceptional brand recognition and more than five decades of goodwill, Island Surfboards is ideally positioned for continued growth. Significant opportunities exist to further expand wholesale distribution, online sales, branded apparel, education programs and national market presence.

Whether you're a strategic investor, industry participant or passionate owner-operator, this is a rare opportunity to acquire one of Australia's most respected surfing businesses with an unmatched legacy and exciting future potential.

Business Highlights
• Established in 1969 with more than 55 years of successful operation.
• One of Australia's longest-established independent surf brands.
• One of Victoria's most recognised surf retailers and surf schools.
• Diversified income streams from retail, surfboard manufacturing, surf school operations, equipment hire, repairs, wholesale distribution and e-commerce.
• Two established Phillip Island locations including Cowes and Smiths Beach.
• Designs and manufactures its own proprietary surfboards and branded products.
• Well-established surf school servicing tourism, schools and the local community.
• Loyal customer following with outstanding brand recognition and significant goodwill.
• Experienced team and proven operating systems.
• Strong online presence with further opportunities to expand digital sales.
• Significant growth potential across wholesale distribution, branded merchandise, education programs and national brand expansion.
• Sale includes the business and associated operating assets (freehold not included).

Price on Application

Expressions of Interest Closing Tuesday 6th October 2026 @ 2:00pm

Further information, including financial performance, lease details and comprehensive business information, is available to qualified purchasers upon execution of a Confidentiality Agreement.

Exclusive Selling Agents

Greg Price
0419 337 441

Lachlan Castran
0475 000 888