Business for Sale Overview:
The Resort is located on 74.34 Acres on one of Tennessee's most beautiful, pristine and peaceful lakes, with 415 miles of undisturbed shoreline. It is centrally located to the to major metropolitan areas and Interstates and Located within a days drive of 60% of the nation's population which make it an ideal spot for boating and skiing. The company offers dockage for over 240 boats, launch ramp, boat rentals, convenience ship’s store, seasonal restaurant, cabins, pavilion, fuel, and pump out services. The marina has slips of all sizes including the larger houseboats. The lake as well as its location offers many advantages with economic benefits of $3,313,437 per year that resulted in $74.79 million in visitor spending within 30 miles of the lake. Partial Owner Financing For Right Qualified Buyer. NDA is required
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Structural Data:
Several Parking Lots,
Boat Ramp,
Cabins,
Ship’s Store,
Convenient and Retail Store,
Mini Grill.
9 Lakeview Cabins:
5 – 2 Bedroom,
2 – 1 Bedroom,
1 – Lodge (sleeps six),
House – 4 Private Bedrooms (sleeps 8).
On-Site Services:
Dockage - 240 +/- Wet Slips – (Permit in place for 50 additional slips).
Dockage: Jet Skis and Transient Slips.
Utilities: Electricity 30 to 50 amp.
City Water and Septic.
Fuel:
4000 Gallon Above Ground Fuel Tank,
Fuel Tank with (2) Dispensers located on Floating Gas Dock.
Pump Out Station: Floating Pump Out.
Site Amenities:
Launching Ramp.
Boat Rentals:
Pontoon Boats (2).
Estimated Employee Plan – 3 Full Time Employees and Seasonal;
2 – Husband and Wife;
1 – Maintenance – Operational Manager;
Seasonal Restaurant and Seasonal Part – Time Employees.
Marine Store:
Carries an array of beer, soft drinks, snacks, boating and fishing accessories including:
Navigation Equipment,
Personal Flotation Devices,
Anchors and Buoys. Marine Cordage and related supplies,
Live Bait and Fishing Supplies,
Boating Supplies.
Market Competition and Expansion:
Economic Benefits:
3,313,437 visits per year on this lake resulted in:
$74.79 million in visitor spending within 30 miles of the Corps lake.
52%of the spending was captured by local economy as direct sales effects. With multiplier effects, visitor trip spending resulted in:$60.18million in total sales.
The Resort has many opportunities for expansion including additional wet slips, dry storage, trailer storage, larger restaurant, houseboat rentals, additional cabins, and
more.
The Lake Area area is growing very fast, because it has many undeveloped, secluded areas making our homes and properties very desirable. It is the have perfect hideaway in beautiful town, only minutes away from any part of the lake. It has that
down-home, small town feeling, you won't find anywhere else, look no more.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner may be 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.