Retail - Marine Dealers and Equipment | Services - Drycleaning/Laundry

Asking Price	$164,000	Inventory	$90,000*
Gross Income	$175,000	Real Estate
Cash Flow	$40,000	Year Established	1964
FF&E	$30,000*	Employees	3

* included in the asking price

** not included in the asking price

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.

Support/Training: The seller will stay on as long as necessary to ensure the success of the buyer.

Reason Selling: Moving family back home