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Asking Price:	$2,350,000 USD USA Dollars
Business for Sale Industry:	Recreation: Outdoor
Reason for Selling:	Divorce.
Year Established:	1977
# of Employees:	6
Yearly Revenues:	$359,848

Business for Sale Overview:

This is water sports rental company located on the water in St Pete Beach of Pinellas County. The waterfront real estate has underwater lease rights and is included as part of this offering. Additionally, the seller has a claim for underwater land ownership (in lieu of lease rights) related to the real estate. The claim is pending litigation with the outcome undeterminable. The Gulf of Mexico is 7 minutes away at idle speed with no overhead obstructions. Boat slips were part of this business until they were wiped out by a hurricane a few years ago. These slips can be rebuilt. This is a great opportunity for the water enthusiast.

Property Features and Assets:

The waterfront real estate has underwater lease rights and is included as part of this offering. The Gulf of Mexico is 7 minutes away at idle speed with no overhead obstructions. Boat slips were part of this business until they were wiped out by a hurricane a few years ago. These slips can be rebuilt.

Market Competition and Expansion:

This business primarily markets in the St. Beach & Treasure Island area. They use the internet, brochures and local papers to market the business.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.