Talbot County, MD Kayak, Paddleboard, Bicycle Rental, Retail Store

Saint Michaels, MD
1st Time offered!!!
Asking Price:$200,000
Gross Revenue:$150,000
Rent:$1,100/Month
Cash Flow:$50,000
Inventory:$25,000
Established Year:2012
BUSINESS DESCRIPTION

First time offered!!! 12 year old established "Main Street" St Michaels. Md recreational based business. Corner location with parking in co-op building, low rent!!! Business currently seasonal April-October offering Kayak, paddleboard rentals & sales & Bicycle rentals. Waterfront access park with Kayak launch into San Domingo Creek & bicycle trail walking distance from the shop. Also free boat launch into main St Michaels Harbor l/2 mile away. Established clientele, Tourism, locals, walk ins, reservations, deliveries. We service equipment deliveries to rental homes & Airbnb's.
Established distributorships with Kayak, paddleboard manufactures. Currently retail hard goods & soft goods related to Kayaks, Paddleboards. Currently we only rent bicycles, opportunity to expand into bicycle sales and repair, Ebikes & Scooters!!! Also opportunity to expand into tours & instruction, Eco Tours & Guided bicycle tours.
The building is shared with a winery tasting room & a coffee shop roastery. St Michaels is a major tourism destination on the Eastern shore of Maryland in Talbot County, Maryland. A landmark business & business location in this quaint waterfront town!


DETAILED INFORMATION
Location
Saint Michaels, MD
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Facilities
Business is turnkey. Only thing needed would be a long bed pickup truck. Lease transferable or re negotiable. Kayak, paddleboard, bicycle fleet in great condition. Website & Domain. Square system and mainframe desktop. Remaining retail items.
Competition
Business has no competition in the bay hundred area. There is a similar business In Easton, Maryland that does not have easy water access & is mostly retail focused.
Growth & Expansion
Lots of room for growth here! Seasonal business could be extended to a year round business. Tours & instruction. Bicycle retail & repair, ebikes & scooters, golf carts, fishing & hunting. Ecommerce.
Support & Training
Owner willing to train & assist with transition.
Reason for Selling
owner has gone back to corporate job.

BUSINESS LOCATION
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David Geller
David Geller