The River’s Edge Canoe & Kayak, a popular river recreational business in Gilpin, is now up for sale. This family-run business, located at 3158 River Road, is listed for $2 million by Coldwell Banker Realty. Co-owners Neill and Evelyn Andritz have been operating the business for over 16 years and plan to continue operating throughout the sale process.
According to Neill Andritz, entrepreneurs never truly retire. Instead, they move on to smaller endeavors and enjoy the fruits of their labor. The couple aims to pass the business on to someone who values community, appreciates the river lifestyle, and has entrepreneurial aspirations. Evelyn Andritz expressed that one of the most satisfying aspects of running the business has been interacting with customers and witnessing their joy after spending a day on the river, creating memories with loved ones.
The property, which spans nearly 8 acres, includes over 450 yards of riverfront land and is being advertised as one of the largest kayak shops in Pennsylvania. It is zoned commercial, with annual taxes amounting to $1,016. Brandy L. Fabry, the listing agent from Coldwell Banker Realty, mentioned that the business is a significant tourist attraction for Gilpin, attracting visitors from all over who come to kayak in the Kiski River. Fabry also noted that the business has only been on the market for a few weeks and is ripe for expansion, making it an appealing opportunity for a potential buyer.
The sale includes various features and amenities such as a retail store, primitive camping areas, vans, trailers, a security system, a parking lot with overflow capacity, storage buildings, two boat ramps, a bait and tackle shop, as well as all inventory and rental equipment. The River’s Edge Canoe & Kayak attracts several thousand customers each season, operating from April through Labor Day. In 2016, it received third place for the “Best Kayak Shop Nationwide” in the Paddler’s Choice Awards by Kayak Angler magazine. Additionally, the sale includes three passenger vans, each with seating for 15 people.
Gilpin Supervisor Charles Stull expressed both sadness and excitement regarding the sale. He praised the Andritzes for their contribution to the community and expressed hope that a new business owner would continue to grow River’s Edge and offer recreational activities for Gilpin and the Leechburg area. As of Friday, the Andritzes had not had any contact with potential buyers.
The River’s Edge Canoe & Kayak offers a unique opportunity for someone passionate about the river and looking to own a turnkey business. With its prime location, expansive property, and established reputation, it is expected to generate significant interest in the market. Interested buyers can find more information on the listing by visiting the Coldwell Banker Realty website or contacting the listing agent Brandy L. Fabry.
Overall, the sale of the River’s Edge Canoe & Kayak marks the end of an era for the Andritz family, but it also signals a new beginning for a potential buyer who can carry on the legacy of this beloved river recreational business.