Marine & RV Supply -

Business Opportunity for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30048849
Property Subtypes: Retail Stores
Building Size (RSF): 2,300 SF
Sale Price: $180,000 - 224,900
Name of Establishment: North Shore Marine & RV Supply
Year Business Established: 1990
Gross Revenue: $1 (Annual)
Cash Flow: $1 (Annual)
Sale Terms: $224,900 cash for business & Asssets $180,000 cash Real Estate Only
Last Updated: 8/10/2017

Overview / Comments

In the City of Manistee on the US-31 corridor with 2.7 acres and 3 commercial buildings. Currently known as North Shore Marine and RV Supply, the business can be purchased as a turn-key operation or the property would be suitable for any business requiring plenty of pavement and over 7000 sq. ft. of retail and storage space. The storefront is a 2300 sq ft building with a full basement. Another building offers 1700 ft of storage and shop space and the 40x80 pole building is used for boat and RV storage. The retail portion of the business includes boat and RV supplies and the storage and shrink wrapping business can easily be learned and expanded.

Attachments & Media

Additional Details

Nearest MSA: Ludington
County: Manistee
Industry Segment: Other Retail Stores
Reason for Selling: Seller is retiring and is MOTIVATED!
Value of Inventory Included ($): $15,000
Value of Furniture, Fixtures, and Equipment ($): $10,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $180,000
Employee/Labor Description: Owner operated - New owner might need help with the physical labor part of the shrink wrapping operation
Competition/Market Description: The only marine and RV supply store in town. A couple of marinas offer boat shrink wrapping and boat and RV servicing.
Growth/Expansion Opportunities: Plenty of room for growth. Manistee is a popular fishing destination with many charter boats, marinas and camp grounds. The current owner has been progressively less active in the business over the past several years and consequently, revenues have suffered.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,134 8,106 11,855
Median Age: 39.59 44.75 46.82
Households: 1,010 3,675 5,208
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