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Northern Ohio

  • Listing Number: 242-22224

    Category: Retail

Asking Price $549,900
Gross Revenue $490,686
Total Adjusted Net Income $93,483
Equipment / Fixtures $31,100
Year Established 1986
General Location Northern Ohio
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FOR SALE. A complete turnkey marine store located near Lake Erie in a strip mall area with a lot of traffic. This company has been around for a long time and is deeply rooted in this community as the go to place for anything Marine, Boat Care, Supplies & Accessories, Electronics, Safety, Vests & Watersports, Trailer Parts, Flags, Gifts, Swimwear & Clothing - Parts & Full Service Department and flag installation. Full rent of $2,300 per month including all CAM charges. Seller is willing to help train the buyer for 4 weeks at 30 hours per week to ensure a smooth transition. Up to $400,000 in inventory, anything over $400,000 will be additional and added to selling price.  

Gross Revenue
Listed Price
Total Income
Base Rent
Square Feet
Total Rent
Rent Deposit
Leasehold Improvements
Equipment / Fixtures
Full-Time Employees
Training Period
4 Weeks
Part-Time Employees
Special License Required
Vendors License
Contract Staff
Reason for Selling

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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