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Profitable Boat Service And Storage Business In NC For Sale

Near Lake Chatuge, North Carolina
  • $799,000
  • (Furniture / Fixtures and Inventory / Stock included)

Sales revenue:
$300,000
Cash flow:
$120,000
Contact Seller
Outside Storage is also Available

1/1Outside Storage is also Available




Price Reduction By Motivated Seller! Profitable Boat Service and Storage Business for Sale. Unique boat storage and service business for sale for $799,000! 100% occupied with room for expansion! Owner willing to lease back service or train. Additional storage, services and boat sale expansion are strong possibilities. This is a well established dry boat storage and service business plus real estate. The sale includes 132 covered boat slips, the majority of which are 10 feet to 30 feet, mini storage, a 2,500 square feet office and service building plus fully automatic gates. Rent alone generates $85,000. Service generates $60,000+ per year. $120,000+ a year net operating income and $300,000 gross revenue. This is a turnkey business, dependable Mercury certified mechanic is in place and this is a Mercury Dealer. Sale includes furniture, fixtures and equipment valued at approximately. $25,000. Inventory valued at approximately $5,000 plus other assets which include 132 covered boat slips valued at approximately $995,000. Real estate is tax assessed at approximately $840,000. Contact for more information.



Real Estate:
Real Property Included
Location:
Great location on 5.8 acres directly on a busy highway and close to a public boat ramp. This business is only about 2 hours from Atlanta, Asheville and Chattanooga in the Western region of North Carolina. This area is well known for Lake Chatuge, which has over 130 miles of shoreline, much of which will never be developed. The community is diverse and growing, however you will experience small-town charm along with the beauty of mountains, lakes, rivers and streams. Opportunities abound for camping, golf, fishing, hiking, horseback riding, even water sports. Call now to hear more.
Premises details:
132 Covered Boat Slips located on 5.8 acres

Expansion potential:
More expansion possibilities by building additional storage and adding services as well as boat sale expansion.
Competition / Market:
Very little competition
Reasons for selling:
Owner has to relocate outside of the State of North Carolina.
Employees:
3
Years established:
1998
Support & training:
Owner offers both training and support as to be negotiated
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Contact for details
Furniture / Fixtures value:
$25,000 (included in the asking price)
Inventory / Stock value:
$5,000 (included in the asking price)


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