Parksville Boat Maintenance And Storage Business For Sale

Business description

This exciting business encompasses boat storage, retrieving and launching, marine engine service and dealership, power washing, bottom painting and cleaning. The business is located on Vancouver Island, British Columbia at French Creek Harbour; a commercial facility with boat launch ramps immediately adjacent to this property. The harbour is home to approximately 200 vessels on a regular basis, including a large commercial fishing fleet and a number of charter operations that take visitors fishing, sightseeing and diving. In addition, the harbour offers sheltered moorage and yachting amenities for sail and power pleasure boaters.

During 2005 the focus of the business changed to servicing recreational sail boats and a new lift cradle was manufactured to accommodate this service. The exclusive distribution right to Yanmar Diesel Engines in the area has also been acquired. The business enjoys a well established customer base for boat storage and repairs. The business is competitive andrespected in its field of business. The location and working assets provide excellent growth potential. This opportunity is Ideally structured for an energetic marine trades qualified person. The opportunity exists for an investor to introduce a complimentary business or expand the existing business.

Property information

Real Estate:

Lease

Lease terms:

The lease is with the Harbour Authority. Harbour Authority will negotiate a new, long-term lease with 5 year terms.

Location:

The business is located on the active east coast of Vancouver Island; a very active recreational boat cruising and commercial fishing area. French Creek is situated between the retirement and recreation centres of Parksville and Qualicum in this natural coastal paradise.

Premises details:

The lease area is over one half acre in size and is located adjacent to the boat launch. The fenced yard provides room for both boar repair and storage and includes a two level building designed for office, repair shops and inside storage and a second 40 foot by 60 work/ repair structure.

Size in square feet:

25,700

Other information

Expansion potential:

The property provides room for storag and can be reconfigured to create additional repair or storage area. The limited marina space along the coast provides significant opportunity to increase boat storage and related maintenance.

Reasons for selling:

Retiring