Overview
- Updated On:
- September 14, 2024
Description
Rare opportunity to own two turnkey, long term, established Misquamicut Beach businesses and waterfront property on Winnapaug Pond. Located at the main entrance to Misquamicut. This is a one-of-a-kind business and property that is an iconic Misquamicut attraction.
The full retail store called “Purple Ape” has been owned and operated by one owner since 2004. Misquamicut Beach Jet Ski Rental has been in constant business each season since 1996. Jet Skies and watersports equipment are included in the purchase price. The current owner will show you the ropes and help you get started for the 2025 beach season. Both businesses are profitable with long-term data to back it up.
Misquamicut Beach attracts tens of thousands of visitors each year with the longest stretch of beach in Rhode Island, hotels, restaurants and parking. Purple Ape and Misquamicut Beach Jet Ski are perfectly situated at the heart of the beach with the most traffic passing by on car or foot.
Additionally, there is an opportunity for a long-term lease of the neighboring property to expand the business as well as a house across the street.
Water sports inventory includes.
6 -2023 Yamaha VXC’s with 2023 6-2023 Triton Aluminum Jet Ski Trailers
6- hydro bikes
6- single seat kayaks
6- two-person tandem kayaks
4- sea doo two persons paddle boats
10- paddle boards
Approx 50 Yamaha life vests
2019 – Can Am Renegade 1000R
- Principal and Interest
- Property Tax
- HOA fee
