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Business For Sale

Legacy Gulf Marina, Motel, Lodges, Retail

Corpus Christi, TX, USA

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$10,000,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2002
8
993713439

Business for Sale Overview:

Outstanding opportunity on the Texas Gulf Coast. Full Service Marina, Motel, Lodges, Bait and Tackle Shop, planned Convention Hall and rental income. Situated in one of the top “sport fishing and hunting” areas of the state with year round business! Waterfront Intracoastal frontage with direct Gulf and Bay access. Providing excellent speckled trout, red fish, red snapper, flounder and other great offshore fishing. Numerous award winning fishing and hunting guides based on site. Professional tournaments are held on-site by monthly. Excellent year round windsurfing & kayaking with classes taught on-site by a third party. This is “the” preferred lodge by fishing, hunting and water sports enthusiasts. The facility is located adjacent to the King Ranch and Padre Island. The property consists of 12 acres of titled and leased land, mostly water front. All of the structures including marina slips are new construction or have been recently rebuilt or remodeled over the past two years. The site offers a full service marina. 112 slips (92 covered) and 88 lifts. 8,000 gallon Diesel and gasoline pumps, large well stocked bait and tackle shop with a highly knowledgeable staff including one of the most renowned marina managers along the Gulf. Five separate structures offering 132 beds. 24 room hotel, 8 bed apartment, 14 bed lodge, 12 bed lodge, 10 bed lodge. On site waterfront restaurant and bar (leased to a third party). The restaurant offers a full lunch & dinner menu. Steaks, fish and more, (including “cook your catch”) and is one of the top rated restaurants in the city. A new on site convention center has been approved by the city with plans to break ground this Fall. This is a rare opportunity to participate in an exceptional venture in a rapidly expanding area of the Texas Gulf Coast. This Marina and Lodge development is a leader of the revitalization and continued development of this area of the Gulf Coast. The owners are entertaining qualified investment offers to purchase investment shares or this entire collection of valuable properties in what is, in reality, “A Texas Legacy Location and very sound investment”!

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.

Market Competition and Expansion:

Exclusive one of a kind opportunity in the region.

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.

Resources:

 

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