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- RE: Established R/C & Hobby Retailer - Great Staff
- Contact: Drew McLean
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $994,237 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $179,122 | |
Total Debt: | Not Disclosed | |
FF&E: | $110,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1974 | |
Employees: | 6 | |
BBN Listing #: | 993920 | |
Broker Reference #: | 41861-928790 |
Business Overview:
Established R/C & Hobby Retailer - Great Staff & Repair Service
This specialty retail establishment operates as a comprehensive source for radio-controlled vehicles and hobby-related merchandise. The business maintains extensive inventory across multiple product categories, including R/C cars, trucks, aircraft, and watercraft from established manufacturers, supplemented by model car and train supplies, board games, collectible cards, comics, and art materials.
The operation includes a full-service repair department that provides professional maintenance and restoration services for customer equipment. This technical service capability generates consistent recurring revenue while establishing strong customer loyalty and retention rates.
Revenue performance demonstrates reliable seasonal patterns, with spring and Christmas holiday periods producing peak sales volumes. Weekend business consistently outperforms weekday activity, with Saturday and Sunday operations generating the highest daily sales figures.
Staffing consists of six experienced personnel: one full-time store manager responsible for overall operations and five part-time employees who provide operational flexibility during peak business periods. The staff's extensive tenure and product expertise ensure efficient operations and knowledgeable customer service. Real Estate is available for purchase or lease.
The building demonstrates excellent condition through systematic maintenance. The facility's configuration supports efficient operations with appealing retail environments, a well-sized executive office, and a central service area integrating sales and repair capabilities.
The substantial rear space serves hobby activities and operational logistics, including inventory management and shipping functions. This integrated design maximizes facility use while creating additional customer opportunities.
Four-sided private parking provides exceptional convenience for customer visits, staff access, and commercial deliveries while ensuring smooth operational flow. >>
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Property Features and Assets:
Robert Harvey has dedicated over three decades to building Cobblestone Crafts & Hobbies into the established operation it is today. After relocating to Holland in 1969, Harvey began his career in the hobby retail industry as a teenager, working under the guidance of two local entrepreneurs who founded the original store in 1974.
Harvey's expertise and commitment led to his promotion to manager, overseeing operations across three locations throughout West Michigan. When the founding owners began consolidating their retail footprint, Harvey recognized the opportunity to acquire the Holland location and continue the business legacy.
The company's journey reflects Harvey's expanding vision and commitment to serving the hobby community. Cobblestone Hobbies initially operated from its downtown location at 84 East 8th Street in 1980, housed within the historic brownstone district that inspired the store's enduring name. Business growth necessitated relocation to a larger downtown facility on Central Avenue in 1990, providing enhanced space for inventory and customer service.
The current chapter began in April 2010 with the move to 367 East Lakewood Boulevard. This transition represented a significant milestone, with nearly fifty loyal customers volunteering their assistance during the relocation process. The 7,000-square-foot facility provides expanded retail space, dedicated customer parking, and specialized areas for gaming and R/C flying activities.
Harvey's decision to purchase the building enabled him to customize the space according to operational needs and customer preferences. The facility now includes purpose-built areas that enhance the customer experience while supporting the store's service and repair capabilities.
Market Competition and Expansion:
The hobby and craft retail sector is enjoying sustained growth, fueled by consumer shifts during and after the COVID-19 pandemic. Cobblestone Hobby’s 7,000-square-foot store—with its 46-year history and blend of retail and gaming space—sits at the heart of this evolving market.
Our region's stable, community-focused environment is ideal for specialty retail. The pandemic sparked a renewed interest in hands-on hobbies, and this momentum continues. Industry forecasts (IBISWorld, Statista) predict 3-4% annual growth in the hobby and craft market through 2028, with board games, RC vehicles, and model kits leading the way.
The store’s mix of retail and recreation space offers a distinct advantage. While online shopping is convenient, it can’t match the community, expertise, and in-person experiences your store delivers. The gaming area boosts foot traffic and loyalty—key assets in today’s retail landscape.
Several trends support ongoing success
Community Engagement: Events and workshops draw families and younger hobbyists.
Nostalgia and Collectibles: Retro hobbies and vintage items are attracting both seasoned and new enthusiasts
Hybrid Retailing: Combining in-person and online sales expands reach without losing local appeal.
E-commerce Resilience: The tactile and social aspects of hobby retailing protect well-run stores from online-only competition.
With its size, reputation, and diverse offerings, your store is well-positioned in a resilient, growing market. Buyers can expect a profitable, stable operation with strong community roots and multiple growth paths—a rare opportunity in specialty retail.
Reason for Selling:
retirement. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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