Illinois Full Service Marina

Ottawa, IL (La Salle County)

Illinois Full Service Marina
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Asking Price: Get Financing: $1,390,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Illinois Full Service Marina

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Business Description

- Land, building, docks and equip valued at roughly $1.5mm. Replacement cost to rebuild is around $5mm. The marina is established with a good customer base.

- 100 dry storage spaces with in and out launch services(total 37,150sf indoor storage space); 230 wet slips with electric and fresh water connection on 41 acres (21 acres land & 20 acres harbor)

- Full service marina services including boat sales, boat brokerage sales, boat & engine repairs, parts sales, winterizing & shrink-wrapping, bottom cleaning, bottom painting

- 35 & 25 ton travel lifts, hydraulic yard trailer, 37’ work boat, 2-pickup trucks, 3-tractors, IH bucket truck

- 2-well facilities, 2-water filtering systems, 2-septic facilities

- Holding tank pump-out system

- Fuel dock, 4,000 gal gasoline tank with 4-dispensers, 2,000 gal diesel tank with 1-dispenser

- Computer fuel monitoring system

- 10,300sf main building, three covered boat storage buildings (10,650sf, 20,000sf, and 6,500sf), 9,600sf restaurant building currently leased to an outside operator. All buildings are well-maintained and in good condition.

- 3 additional businesses on the property with an established history

- Fee based public access launch ramp

Location - Located approximately 1 ½ hours from major cities north (Rockford), south (Peoria, Bloomington), east (Chicago & Suburbs), West(Rock Island, Moline, Davenport, Bettendorf) on the most scenic section of the Illinois River, directly across the river from Starved Rock State Park & Lodge (largest state park in Illinois). 2- additional state parks within 2 to 5 miles away many dining, lodging, historical, and recreational attractions nearby. Some of the additional activities available in our area are: White water rafting, kayaking, biking & hiking trails horseback riding, and championship 18 Hole Golf Course within 5 miles. Access to I 80 and I 39, and no industry close by.

Marketed by A. Michelle Ash, Simply Marinas

Marketing and Investment Advisors

ash1@simplymarinas.com | 305-439-9481

Local Broker of Record: Walter Breipohl

Kaszynski Breipohl Realtors

304 Gemini Cir # 4 Ottawa, IL 61350

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Growth & Expansion:
Great Opportunity to Create Added Value Adding an active boat dealership would increase slip occupancy and service revenue. A new owner can benefit from adding few amenities to realize a higher value and upside such as: a swimming pool and patio near the river west of the restaurant building, a small water park features for kids, in and out rack storage service for runabouts, outside patio bar at the waterfront next to the restaurant building, additional floating villas for purchase. The following activities can be added as well: Arranging for a tour bus stop at the marina with Starved Rock Lodge with a layover promotion and providing a river tour boat at the marina with possible food & bar service.
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Michelle Ash

Business Listed By:
Michelle Ash

Simply Marinas

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