13% CAP/ Full Service Marina on Lake of the Ozarks

Stover, MO (Morgan County)

Seller Financing Available
13% CAP/  Full Service Marina on Lake of the Ozarks
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Asking Price: $965,000

Cash Flow: $125,726

Gross Revenue: $257,671

EBITDA: N/A

FF&E: $30,000

Inventory: $30,000

Real Estate: $700,000

Established: 1975

13% CAP/ Full Service Marina on Lake of the Ozarks

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Business Description

National Golf and Marina Properties Group is pleased to offer this Marina situated on the most visited body of water by tourists in the nation. Marina stores approximately 110 boats in winter. The 2nd Tier has pedestals for RV parking and road & dirt work is in.Marina has private boat dock for owners and currently has 48 slips in docks. It already has storage buildings, a shop, and a 3 Bedroom, 2 Bath Manufactured Home with Screened Porch & Carport that are included in the sale.

Located in the heart of Missouri, Lake of the Ozarks offers a wide variety of recreational activities & lodging that can fit anyone' s budget. Fishing, boating, golf, shopping, fine dining, state parks, lodging ranging from luxury resorts to campsites, waterfront accommodations & restaurants, nightlife and many entertainment venues all work together to make your Lake of the Ozark experience truly unique. The lake has a surface area of 55,000 acres and over 1,150 miles of shoreline.

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Detailed Information

Location:
Stover, MO
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
19,680
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
10.24 Acres with 36,060 SF building
Competition:
Located on the busiest waterway in the US. All around water views for possible development on peninsula. The only one of a kind and largest repair facility on the lake.
Growth & Expansion:
A great opportunity for a developer looking to build a condo style complex on the 8.37 acre land and use the marina on the peninsula to provide water activities for the residents. The property offers an opportunity for doubling the number of slips, vertical expansion of buildings, expansion for new covered docks, starting rental fleet for fishing boats, pontoons and wave runners. Lots of possibilities !!! No Zoning restrictions !!!
Support & Training:
Owners will assist new owners for the smooth transition/sale of the marina & business
Reason for Selling:
Owners retiring
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Eddy Dingman

Business Listed By:
Eddy Dingman

Coldwell Banker Commercial NRT

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