Marina, Same Owner 40 Yrs. Retiring

Essex County, MA

Marina, Same Owner 40 Yrs. Retiring

Asking Price:$1,950,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$300,000

Inventory:N/A

Real Estate:$1,550,000

Established:1975

Marina, Same Owner 40 Yrs. Retiring

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Business Description

Fabulous Opportunity to Buy a Marina nestled on one of New England's most beautifully scenic rivers with ocean access. In the business already? Expand your boat dealership brand and/or geographical reach like we did 40 years ago. This would be the perfect platform to launch your dream of being "on the water".
There are other options open to the creative real estate investor but it is believed the highest and best use is as a marina.

For more information and to set up a viewing please call Mr. Kelcourse, 727-804-1510. A Confidentiality/Non-Disclosure Agreement under Attached Documents in the Ad needs to be downloaded, completed, and returned prior to details being released.

Attached Documents


Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
3 + owner + subs
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
80-85 slips; 1.55 acres with 1.) 12,000 SF Boat Storage including 2880 SF Heated Marine Parts & Display Bay; 2.) 4340 SF Boat Storage, Marine Workshop; 3.) 3110 SF 2-Story Clubhouse & Bathroom Facilities with an additional 1280 SF of unfinished upper story space and 1184 SFof Decks, Porch, and Canopied area; 4.) 1696 SF 2 BR, 2 Bath single family home overlooking river.
Growth & Expansion:
There are several revenue streams that are underserved or missing entirely. Adding new boat sales would drive additional accessories, parts and services as well as used boat sales and slip rentals. The immediately adjacent boat ramp (and on-site slips) make for easy demos for an aggressive consignment-brokerage operation. A restaurant concession is another possibility for new ownership to pursue.
Support & Training:
As Necessary
Reason for Selling:
Retirment

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Robert L. Kelcourse

Business Listed By:
Robert L. Kelcourse

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