| Asking Price |
$250,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$84,038 | Real Estate |
$200,000** |
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
$100,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
The White River Canoe Company is an established and successful canoe/kayak livery. The business rents canoes/kayaks for 2.5 hrs to all day all along the White River in Central Indiana. WRCC sponsors day events for local businesses, youth groups, and other organizations. WRCC is a well known, popular recreational alternative for many citizens in the Hamilton County area. The business is currently located in Schwartz Bait & Tackle but can be located anywhere. Real estate is available for sale (4 acres) along the White River, which includes a 1296 s.f. home, a large pole barn, and a place from which to operate the business, and other ancillary business ventures not currently being promoted. This business has substantial grown potential, which is why the owner is selling. Please contact Scott Baldwin (317) 645-4444 for a personal tour and more information.
Facilities: 77 Smokercraft 15' Canoes 35 Perception 12' Kayaks (1 person) 4 Perception 14.5' Tandem Kayaks (2 persons) 179 Paddles 90 Kayak Paddles 277 Stearns Life Jackets 258 Cushions 13 Canoe Trailers 18' Wells Cargo Check-In Trailer 3 Ford Econoline F350 15 passenger vans Cash Register Canoe Sign Verifone Credit Card Terminal Misc. Hat, Shirts, clothing, etc. 2 tents 8 picnic tables 1 serving table
Competition: This is an unchallenged business which has been operating successfully for several years. If the real estate is also purchased, the location is prime. The business is not fully dependent upon ownership of the real estate, so mobility is also a benefit. The business currently goes mobile for certain functions and competes well within adjacent markets.
Growth/Expansion: The business has never been marketed. It has been "word-of-mouth" advertising to date. The website is newly renovated and has not yet been promoted or implemented (temporary holder is: http://www.baldwindigital.net/clients/white_river/index.php Any form of direct mail, newspaper advertising, pay-per-click website promotion, or flyers would create more business than Seller can handle, hence the sale.
Support/Training: Seller will provide initial training, and limited ongoing support in order to facilitate a smooth transition. Seller will also be in a position to continue to promote the business with networking and other business ventures.
Reason Selling: Civic Duties & Retirement Age

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