Marina & RV Park Cabins Plus Sailboat Dealer For Sale

Business description

This Oklahoma Marina, and RV Park, it has 54+ acres land and water is the only marina on one of the largest lakes in Oklahoma. The Marina has 230 floating boat slips, 95% rented year around. A floating ships store with restrooms and fuel sales, and Boat rental. The RV Park has 30 rv site with dump station, 9 full hookups, all have 30 or 30/50 amp. hookups with water at all sites. There are 3 rental rvs, one 1 bedroom cabins, 2 two bedroom cabins, two 1 bedroom apartment and one 2 bedroom apartment. RV Park has Restrooms Showers dump station,group shelter and playground.
Owner’s residence is a 4 bed 2 bath 3 car residence has Large Patio wraparound porches overlooking Marina. The Marina has a 25000# travel lift. The Service facility includes a 6500 sq ft office and shop build. The Marina is the largest Sailboat Marina and sailboat dealership in Oklahoma with 2 of the nation’s largest sailboat manufactur's dealeship. The Marina has its own boat dock manufacturing facility onsite. To manufacture it’s own docks and slips. This is a high cash Business!

Property information

Real Estate:

Lease

Lease terms:

This is on a long term renewable lease with the US Corp. Of Engineers consisting of 54 acres land and water, with 2132 ft of shoreline and 600 ft highway frontage. The lease was recently renewed for 20 years. All improvements, building, docks, roads, parking lots and lease its-self are owned by the marina.

Living accommodation:

There is a 4 bedroom 2 bath double wide residence on site built in 2000, with a 3 car garage and storm seller underneath. The home has a large wraparound wood porch/patio overlooking the Marina.

Location:

The marina is on Oologah Lake, Oklahoma’s Third largest lake 29,000 acres of beautiful blue deep water. It is in the north east part of Ok, only 25 miles north of Tulsa Ok.Located on hwy 88 and just 7 miles north of Claremore and the Will Rogers Museum (Oklahoma number 1 tourist attraction) and close to the Will Rogers Birth place.

Other information

Expansion potential:

The marina could double in size without extending the lease aria, which is possible. All summer the Marina turned away slip renters; do to no vacancies even though the marina added 20, 40’ slips in 06/07 and 6 30’ 5, 40’ in 08 all slips rented on yearly contract. As fuel prices raise more and more people want to move boats closer to Tulsa.The marina is the closest. There is a big move from power to sail and the marina is poised for that Market The third cabin was just added this fall and is still being furnished. This is the only overnight cabins or ficility on the entire lake. The marina could expand to 10 to 20 more cabins; there is a huge need for group facility on the lake.
Oklahoma has more miles of shoreline then any other state. Oologah Lake is the Best Sailing lake in Oklahoma or Kansas.

Competition / Market:

The corp. has about 300 campsites around the lake. 11 sites next to the marina. Closest motel 8 miles. closest marina 40 miles.Closest sailboat service facility 250 miles, closest sailing instruction 60 miles

Support & training:

The owner’s son along with all staff would be glad to stay on as long as necessary, either to train your staff or to operate the marina on your behalf. The owner son is now General Manager, top sales man, and a sailing instructor. He was born on the Marina and knows more about marinas and sailboats then anybody. The owner and his wife would be glad to stay on as an advisory capacity as long as needed.

Reasons for selling:

The Owner was in a bad auto Accidence 2 years ago that lift hem pretty much disabled and deeply in debt. After building this Marina and RV Park out of the bare woods, from the ground up. He must sale due to failing health. This brakes his hart but someone will get a real deal. The marina is priced about 40% under market. The buyer must be just the right person to make the deal. The owner will not sell to just anybody no matter how much money they have. There’s no recession in Oklahoma.

Trading hours:

open year around

Financing available:

owner cary if needed 300000. down 20 years 6% 100% new boat and motor inventory financing.

Furniture / Fixtures value:

$75,000 (included in the asking price)

Inventory / Stock value:

$550,000

Website:

www.redbudmarina.com