Highly Profitable Specialty Retailer In Prime Location (17874) For Sale

Fair offers welcome! This is a great opportunity with a vacation destination and real growth potential! This unique retail and rental outdoor sports and recreation store includes three revenue streams located in a popular tourist destination in Michigan. The company is a profitable retailer of higher end apparel, sporting goods, ski equipment, kayaks, accessories, rentals (winter & summer) that include ski, snowboard, kayak, SUO and bicycle rentals. Clothing consists of season specific fashion and life style clothing for men and women. They carry many major brands, some of which are industry leaders and see many repeat customers. Located in one of the wealthiest counties in Michigan and on a state highway that offers a ton of visibility. This 6,000+ square foot, retail based location is owned by Seller and is available separately. It is located on a 31-mile wheel way and encompasses a city block with two parking lots. The visibility it offers to car, bike, and pedestrians is one of the best in town for tourists and local repeat business. One of the owners is on site to provide support in various aspects of the business. The current staff is capable of assuming his role. Included in the sale is their e-commerce site which is underperforming and only 2% of current revenue. This could be a huge revenue source along with other basic ideas or additions to what is being sold and what is needed in the are like bike sales, camping, footwear and more. They focus their marketing efforts utilizing direct sales, social media, and email marketing. In 2021, the revenue was $2,241,713, with Seller’s Discretionary Earnings of $643,115. The future looks even brighter with more and more home offices being used and moving to recreational areas to live and this area is booming. The inventory varies seasonally, it shall be negotiated at time of sale. This is a specialty established retailer opportunity and with its desirable location should go quickly, contact IAG today!