Port Clyde Kayaks

Business Opportunity for Sale
Catylist Listing ID: 30409826
Property Subtypes: Entertainment and Leisure
Building Size (RSF): 1,900 SF
Sale Price: $120,000
Name of Establishment: Port Clyde Kayaks
Business Website Address: http"//www.portclydekayaks.com
Year Business Established: 2010
Gross Revenue: $90,000 (Annual)
Cash Flow: $37,000 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Sale Terms: Cash at closing
Last Updated: 10/22/2019

Overview / Comments

Thriving business renting and selling kayaks and SUP's with group or private guided tours available. Includes retail sales of clothes gear, kayaks and SUP's. You can work on the ocean in this wonderful location - protected harbor, dozens of local islands to explore. Solid repeat business and clientele. Dedicated kayak storage and beach launching location in the heart of the village of Port Clyde. This popular destination business has over 1300 Facebook followers and five star trip advisor ratings. Inventory is available for an additional purchase.

Attachments & Media

Additional Details

Nearest MSA: Augusta-Waterville
County: Knox
Industry Segment: Other Entertainment and Leisure
Reason for Selling: Owner is retiring
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Lease may be extended. Monthly rent is just under $1,000permonth
Employee/Labor Description: Two full time and 2 part time
Mgmt/Training Support Description: Owner will stay for training and support.
Competition/Market Description: There is no other kayak rental business in Port Clyde
Growth/Expansion Opportunities: Ample opportunity especially with doing guided tours and/or picnics around the many islands of Port Clyde.
Seller Financing Description: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 881 881 1,426
Median Age: 53.44 53.44 53.25
Households: 424 424 673

Contact

Photograph of Listing Agent

Douglas M. Erickson

Masiello Group Commercial Associates
NECPE Member
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