Marina Water Sports Company For Sale

Business description

This is water sports rental company located on the water in St Pete Beach of Pinellas County. The waterfront real estate has underwater lease rights and is included as part of this offering. Additionally, the seller has a claim for underwater land ownership (in lieu of lease rights) related to the real estate. The claim is pending litigation with the outcome undeterminable. The Gulf of Mexico is 7 minutes away at idle speed with no overhead obstructions. Boat slips were part of this business until they were wiped out by a hurricane a few years ago. These slips can be rebuilt. This is a great opportunity for the water enthusiast.

Property information

Real Estate:

Real Property Included

Lease terms:

N/A

Location:

The waterfront real estate has underwater lease rights and is included as part of this offering. The Gulf of Mexico is 7 minutes away at idle speed with no overhead obstructions. Boat slips were part of this business until they were wiped out by a hurricane a few years ago. These slips can be rebuilt

Other information

Expansion potential:

With other marine type industries located in the same area, this company prides itself on being a top contributor in the marine industry. Their key location, gives them the competitive advantage above the other businesses.

Competition / Market:

This business primarily markets in the St. Beach & Treasure Island area. They use the internet, brochures and local papers to market the business.

Support & training:

Four weeks training at no cost.

Reasons for selling:

Divorce

Trading hours:

Their hours of operation are Monday thru Sunday (weather permitting). 8:30am-6:00pm.

Financing available:

N/A

Furniture / Fixtures value:

$300,000 (included in the asking price)