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Listing Number: 3802
Summary - Lakeside Marine Store in beautiful upstate NY – only operates 6 months yearly
Company only operates 6 month per year - Lake town semi-retirement living, in a specialty marine store located at the edge of a picturesque lake. The Company is a retailer of Boat and Marine related Supplies to locals and tourists in the upstate New York area. In the Summer months, the area has become a popular destination for tourists from Syracuse, Albany, and NY, NY. Currently, the Shop only operates in the Summer months, approximately 6 months of the year.
The Company is focused on the retail sales of boats (on consignment), marine related items such as docks, hoists, rafts, SUP Paddleboards, Kayaks, and other marine/ boating related items to the end-user.
The Company also offers Kayak Rentals, SUP Paddleboard rentals, among other niche marine offerings to customers. The Company holds a license as a boat dealership, and does currently sell boats on a consignment basis. There is a unique opportunity to grow the company as a boat dealership.
Listing Broker
Jonathan Barak
Business Intemediary Specialist
Phone: 954-596-8060
Email: jbarak@capitalbbw.com
- Category:
- Sub-Category: Marine Dealers & Equipment
- Asking Price: $199,995
- Gross Sales: $297,471
- Cash Flow: $71,521
- County: Madison
- Area: Upstate NY - Syracuse / Albany
- FFE: $5,000
- Inventory: $50,000
- Real Estate: $0
- Employees: 1 - Full-Time 1 - Part-Time
- Facilities: 1200 Sq Ft Retail location
- Relocatable? No
- Home Based? No
- Market Notes: Area growing as a popular tourist destination.
- Growth Notes: Company has grown as stabilized at an excellent level for a company only operating 6 months per year
- Support Training: 2 weeks
- Year Established: 2007
- Financing Terms: N/A
- Reason for Selling: Retirement
- Inventory Included: Yes
- Is Franchise No
- Lender Prequalified No
- Absentee Owner No
- Selling Financing? No
- Is FEE Included? Yes