Growing Retail And Internet Marine Supply Store
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $175000
Net Profit / Cash Flow $40000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1964
Number of Employees 1 - 3
Inventory 120000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Moving family back home.
Description This marine supply store, established over 40 years ago, is located on the Ohio River in Cincinnati and is part of a nationally rated and prominent marina. This store carries everything from boating accessories and hardware to carry out beer, wine, and food snacks. The store is very attractive, well managed, and profitable. Seller has also recently added a satellite location in Kentucky that is proving to be very successful. Current seller is highly motivated to sell and move his family back to his hometown. Seller has been tireless in his efforts to market this business to a broad spectrum of clients. His efforts include joining trade associations, attending boat shows, developing an online store on their website, doing direct mailings, and developing a catalog. In addition to his marketing efforts, he has also developed a new accounting and inventory system which allows him to gather accurate information on the performance of his company very easily. It is the largest store of its kind located on the Ohio River for 100 miles in either direction. Asking price is $160,000. Call Dan Long at 513-321-7666.
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