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Business For Sale
MARINA, RESTAURANT, RV PARK, CAMPGROUNDS, MOTEL
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Asking Price: |
$$ 685,000
USD USA Dollars
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Business for Sale Industry: |
Services: Hotel, Motel, Lodging
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Reason for Selling:
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Exploring other avenues |
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Year Established:
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1960 |
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# of Employees:
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8 Full Time |
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Yearly Revenues:
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$$ 580,057 |
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Yearly Cash Flow:
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$$ 135,368 |
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Yearly Gross Income:
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$$ 580,057 |
Business for Sale Overview:
A full service marina on Toledo Bend Lake in Northeast Texas. The largest in Texas. Operations include a restaurant, motel, campgrounds, Recreational Vehicle park, boat stall rentals, boat storage rentals, and the sale of live bate, fishing licenses, and fuel. The Motel is a one story building consisting of 20 rooms at $45 per night. The Recreational Vehicle park consists of 39 rental spaces and has both daily rentals at $19 per night and monthly rentals. Dry storage consists of 16 units with rentals at $35 to $45 per month, and there are 40 boat stalls at rates ranging from $35 to $85 per month depending upon size. Customers include local area residents who come to the restaurant for breakfast, lunch, or dinner, and people on fishing and/ or camping trips from surrounding States. Business is managed by a husband and wife team. "Employees are unaware the business is for sale".
Property Features and Assets:
Northeast Houston.
7.35 acres, 20 Rm. Motel, 5,500 sq. ft. Restaurant, 16 Dry Storage Units, and 40 Boat Stalls.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is 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.
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