Business Overview:
Our client operates a full service marina in the southern New Jersey
area. The property is located in a short commuting distance to major
population centers, drawing customers from as far away as
Philadelphia. The marina, located in a very quiet, beautiful and
untouched setting, is located on 18+ acres of waterfront property with
several buildings - providing 15,000+ sq.ft for storage, maintenance,
and various retail functions. Lineal dock footage exceeds 1,800ft, all in
excellent condition. 70 (deep water) wet slips, 300 storage spots, 200+
racks, and two ramps (wide enough for two trailers) provide consistent
revenue, with an existing waiting list for new customers. Most of the
heavy equipment is new and in excellent shape. The business
generates $1.5m in revenue, with considerable extra available cash
flow for the owner. The current basic product lines consist off bait,
tackle and sales of marine gear, motor and trailers, as well as slip and
dry dock rental, supplemented by lift and ramp fees. Significant
expansion possibilities exist with hotel/motel or restaurant operations
(liquor license possibly available), boatel, rentals, or boat sales and jet
ski sales/rentals. Alternatively, this location could be used by a boat
manufacturer and large marine store chain. Further, the property lends
itself perfectly for a waterfront development. Individual home
construction is approved, however, no condominiums or townhouses
can be erected. Several high profile real estate developments are within
the marina s proximity. This is one of the last few marina gems on the
Jersey shore - a State subject to a marina construction moratorium - in
a very quiet nature location but still easily accessible from major
highways
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Very nice, quiet location. The property is located in a short commuting
distance to major population centers, drawing customers from as far away
as Philadelphia. The marina, located in a very quiet, beautiful and
untouched setting.
Market Competition and Expansion:
Competition: Very Little, there is a waiting list for slips
Growth and Expansion: Significant expansion possibilities exist with
hotel/motel or restaurant operations (liquor license possibly available),
boatel, rentals, or boat sales and jet ski sales/rentals. Alternatively, this
location could be used by a boat manufacturer and large marine store
chain.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.