1585 Niagara

Description

The business and real estate next door just sold for $650,000! This business nets over $150,000 a year and the sales increase every year. Includes the books or Profit and Loss statements buyers would need. Owned and operated by one person working 40-50 hours weekly. Currently, there is more than $250K worth of inventory, equipment and fixtures, and that amount will be guaranteed at the time of transfer. From 2017-2022, 100% of revenue came from online sales. In 2023, 'brick and mortar' operations quickly eclipsed those sales, largely due to a local market ripe for hard-to-find and gently-used outdoor gear and sporting goods at reasonable prices, little competition and a loyal following of customers dating back to 2014. Rentals (paddle boards, snowboards, XC skis, climbing gear, river/snow tubes, kayaks, inversion tables, gym equipment, etc.) provide an additional revenue stream that will continue to grow over time. Many of those rentals are 'converted' into sales. Currently operating from a 1200 sq. ft. building. THIS LISTING IS FOR BUSINESS ONLY NO PROPERTY INCLUDED. The price is $280,000 PROPERTY, IS PROPERTY ONLY $287,000. BUSINESS AND PROPERTY COMBINED $480,000