Marina & Boat Repair Rental Dry Storage Business For Sale

Business description

This “For Sale by Owner” marina was founded in 1971. This is a diversified and profitable entity. Permit exemptions apply and the waterway is protected from storms. There is fresh and saltwater access with the river being 3 minutes away. It is also only ten minutes from the Gulf. This is a good transient business. The marina store including boat repair generate 55% of total revenues. House boat rentals generate 30% and the remaining 15% stems from boat slip rentals. This retail business is owner operated with 1 part-time, and 4 full-time employees. A county license is required to operate this business and the owner agrees to stay through a reasonable transition period. There is no management team in place to carry over after the sale. The new owner would need to be “hands on” at least until a team is put together to operate the business. This is a great opportunity for the serious buyer! To learn more, please contact one of our representatives today!

Property information

Real Estate:

Real Property Included

Location:

These buildings are owned and included in the sale. There is a store, a bay stack barn, covered boat slips and a double wide mobile home that could be used as living quarters or as a rental. Store built in 1985, dry stack barn built in 2002, covered slip in 2004, remaining dock and slip 2007 and 2008 and the structures are all in good overall condition. Permits for dry stack expansion in hard-room for 300+ catering to trasiant, commercial & recreational/beaches. There is room for expansion at the current site and some parts of the business could be relocated. State highway frontage with high traffic volume and great visibility make this location prime for this business!

Other information

Expansion potential:

Growth and expansion can be attained through building a motel or condominiums. Potential additional profit centers could include the following: Restaurant, Lounge, Clam Bar, Oyster Bar, Boat & Motor Sales and Store Front Leases.

Competition / Market:

There is no competition in the area.

Support & training:

Owner agrees to stay through a reasonable transition period. Partner/management team possibilities

Reasons for selling:

Retirement

Financing available:

Some owner financing may be available for the right buyer.

Furniture / Fixtures value:

$1,040,000 (included in the asking price)

Inventory / Stock value:

$24,911 (included in the asking price)