Lakeside Marine Store NY, operates 6 months yearly

Not Disclosed, NY
Madison County

Upstate NY - Syracuse / Albany


Asking Price: Annual Revenue:
$199,995 Not Disclosed

Automotive & Boats: Marine Repair, Retail, Parts & Service


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RE: Lakeside Marine Store NY, operates 6 months yearly Broker: Roberta Caputo

Quick Facts

Asking Price: $199,995
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $71,521
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 2
BBN Listing #: 4981344
Broker Reference #: 3802

Email or Print Listing

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Business Overview:

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.

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Property Features and Assets:

Company has grown as stabilized at an excellent level for a company only operating 6 months per year.

Market Competition and Expansion:

Area growing as a popular tourist destination.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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