Florida Fishing Country Marina and Motel

Dixie County, FL

Seller Financing Available
Florida Fishing Country Marina and Motel

Asking Price:$1,750,000

Cash Flow:$175,743

Gross Revenue:$673,809




Real Estate:$1,650,000


Florida Fishing Country Marina and Motel

Get Financing Save Print Share Valuation Report

Business Description

Scallop Season is Underway - Business is Great

A haven for sport fisherman from throughout Florida and its neighboring states to the north, this quaint riverside business and property is a great place to just relax or jump into a boat and head toward the open Gulf for a day of fishing, scalloping or some fun in the sun! It is a full service marina offering virtually every amenity that a vacationer would desire, including a marine store dedicated to boating and fishing gear, full yard services for boats and trailers, wide, deep-water wet slips, rental boats and kayaks, guided fishing tours, dry boat storage for occasional visitors and clean, restful accommodations after a busy day on the water. All of the properties and facilities are in excellent condition and are regularly maintained under the watchful eye of management.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Full-service marina and motel located in the heart of Florida's fishing and scalloping country on the sheltered Steinhatchee River, just two-miles from the Gulf of Mexico. The property consists 3.07 acres with 310 front feet at riverside. Its facilities include a fully-stocked 2,250 square foot marine store with two service and repair bays, 51 wet slips, various racks and sheds for dry boat storage, a two-bedroom rental cottage, a four-unit motel and four RV pads. The deck area includes a covered pavilion for parties, barbeques and other forms of guest entertainment.
There are four competing marinas in the immediate area of the Steinhatchee River, of which the subject marina is the second largest and with the greatest breadth of services. For its clientele, the marina relies on a steady guest book of returning fishing and scalloping enthusiasts from both in-state and from the bordering states of Alabama and Georgia. A neighboring marina, larger in size, is also full-service in the scope of its services, but relies mostly on dry storage for customer boats which must be transported across a road for water access. The two remaining marinas are both smaller in size and cater to day boaters and fisherman.
Growth & Expansion:
The 3.07 acre site occupied by the marina and boat yard is situated on both sides of the main thoroughfare of the community in which it is located. The motel side, which overlooks the marina, includes approximately .75 acre of vacant level land at roadside that is ideal for the erection of additional dry rack storage, possibly to accommodate 75 to 100 boats. Also, it is the opinion of current ownership that 20 to 25 additional wet slips could be added with town approval.
Support & Training:
Current ownership includes an industrious husband and wife team that that has owned and operated the marina and motel for more than two decades. Over the years, they have regularly added acreage to the enterprise and expanded its array of amenities and services. They are supported by a staff of fishing guides, service and repair technicians and customer service personnel from the local community. Current ownership has pledged its support to successor ownership during an extended transition of ownership and management. It is anticipated that all staff members will desire to remain, as well.
Reason for Selling:

Listing Statistics for Premium Members

Ad#:1247749 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Richard A. Mathurin

Business Listed By:
Richard A. Mathurin

Richard A. Mathurin And Associates, LLC

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings