Growing Retail and Internet Marine Supply Store
Location: Ohio > Hamilton County > Cincinnati
Industry: Retail Stores > Other Retail Stores
Financials
Asking Price: $164,000
Gross Revenue: $175,000
Cash Flow: $39,000
Inventory: $90,000 (Included in Asking Price)
FF&E: $29,000 (Included in Asking Price)
Business Summary
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.
About the Business
Year Established: 1964
Employees: 3 part time
About the Sale
Management Training and Support: Seller will stay as long as necessary to ensure the success of the buyer.
Reason For Selling: Moving family back to hometown.

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Listing Tools
BizQuest ID:904045
Seller ID:41420086
Business Listed By
Name:Dan Long
Company:VR Business Brokers
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