Marina at the right price

NC

Seller Financing Available
Family fun on the water!!

Asking Price:$1,100,000

Cash Flow:$85,000

Gross Revenue:$1,000,000

EBITDA:$74,000

FF&E:$90,000

Inventory:$117,000

Real Estate:$1,100,000

Established:1985

Marina at the right price

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Business Description

Boat Dealer and Marina For Sale

Perfect size marina needs new energy to grow and prosper. Only marina in the community close to a public boat ramp has storage, slips, fuel dock, service and sales. Outstanding, top 10, local, state wide and national reviews, "Platinum" level dealer for sales and service.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1.5 acre site with 20 slips, adequate area for storage, service area, ships store, 4800 sq. ft. building; Concrete and asphalt lot, on a city street. Store has 1800 nautical gifts, marine accessories, $150K in floor plan boats, motors and trailers.
Competition:
No other marina within 3 miles, public boat ramp nearby.
Growth & Expansion:
Business weathered the economic downturn in 2007-2009 and is ready to grow with more boats, more types and needs a injection of new energy.
Support & Training:
Owner is ready to retire but will assist buyers for a few weeks as needed.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

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Richard OBey

Business Listed By:
Richard OBey

Sunbelt Business Brokers of Coastal Nort

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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