Marina Boat Dock Boat Sales Rental Repair Business For Sale

Business description

This asking price includes 2 wonderful businesses. For more information on the other half of this great deal, please visit: http://intlag.com/Listing/5672.aspx
These two offerings have a combined EBITDA of $941,700 and combined Gross of 4,546,000! Don't miss out on this incredible deal! 3.5 ROI plus R/e & Assets.
This wonderful marina, located inside a state park on the lake, near several large population centers, it has been the premier marina in the area for over 30 years. Since 2005 it has been operating under the current owners, who are ready to retire. This fine establishment offers amenities not found at any other marina on the lake. From their full service ships store to the restaurant and show room full of new boats, they promise a good time for all. At first site, this facility is comprised of a showroom that sells new and used boats, a service department that repairs boats and related marine equipment, a parts department that procures the parts for repair or outright sale to the customers, storage areas in and out of the water, a restaurant and bar, and a store that sells recreational merchandise and also provides boat fueling services, as well as a fleet of rental boats! This marina is THE premier boat dock and rental place in NE Oklahoma. A new owner will bask in the beautiful scenery while imagining the explosive growth potential in front of him. Don't wait, call today!
A cursory glance leaves out a lot of the corollary fee-based services that would also generate revenue for a lucky new owner. In addition to buying and selling boats on site, boats can also be bought from a catalog and delivered directly to the customer. Service repairs can be utilized at the facilities, someone else's facility, on the water or at a private dock located in the lake, or at another lake for that matter! Parts can be picked up or drop-shipped. They can wash/clean boats in or out of the water as well as rescue, re-fuel and/or re-float boats. Some of their customers pay mooring rights for jet skis and pay them to store trailers and winterize their boats and then ready them for summer use. Their restaurant and bar facility has become a tasty destination in its own right.
This exciting listing's primary business activities are as a marina and slip rental as well as boat sales, boat repair, sales of fuel and merchandise such as parts, accessories, recreational merchandise, and beverages including beer. They lease boats as well.

Property information

Real Estate:

Real Property Included

Premises details:

There are 275 slips ranging from 18' to 90'. 30 dry storage units 12'X 30', the shop building is 4800 square ft and the showroom is 3800 square ft. The ship store building on the water is 1200 sq. ft. and the restaurant on the water is 2000 square ft. Buildings are included in the sale however, they are located on leased land. The total value of all property included for both businesses is $6,000,000.

Other information

Expansion potential:

Adding more docks, amenities, gifts and souvenirs would be great profit centers for a new owner.

Competition / Market:

With very little competition, The beautiful scenery, amenities and delicious restaurant with excellent customer service keep this place energized in satisfied clients.

Support & training:

Owner will stay on for a reasonable period to help acclimate new owner to area, business and customers. Staff will stay on for a new owner to help continue the growth.

Reasons for selling:

Retirement

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable less than 30%

Furniture / Fixtures value:

$175,000 (included in the asking price)

Inventory / Stock value:

$148,000 (included in the asking price)