Purchasing a well established bike shop, sales/service; Kayak sales/retail business in the Hamptons, NY. Owner is retiring and new owner energy can seriously increase revenue. I am looking for a short-term financial partner for the deposit/startup ($325,000) Seller is financing 70% of the purchase. $250k funding might work for the seller too. The Hamptons has a very busy Spring and Summer season and is now transitioning to many more year round residents. This is great for local businesses! The current owner has created a solid brand in the area as a family bike shop for close to 30 years. The owners are retiring, so the last couple years there has not been much marketing or energy put into the business. I see huge potential to grow the over all business revenue with marketing and fun local events. Online sales can be marketed more to grow those sales in the off season. I want to add more structured bike and kayak tours, basic tours and also cater to spiritual / meditation type tours. I had an international event photography business for over 20 years, moved into real estate, and now I am excited to grow deeply in the Hamptons area. Being an important part of the community is very important to me and to the current owner. Having a successful business is important of course and when it is fun and fosters fun and enjoyment, that makes it all so much more exciting. No matter what I do, my first thought is...will this be fun, will I be excited every day when I get up and this fits that criteria!
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