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Business For Sale

Large Marina In Outstanding Location

Atlantic County, NJ, USA

Services: Real Estate

Asking Price:
Year Established:
Employees:
Listing Number:
$7,950,000
1960
10+
44056267
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,500,000
Not Disclosed
$200,000
Not Disclosed

Business for Sale 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 below. 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.

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.

Additional Information

Large Marina In Outstanding Location
Business Listed By:
Achim Neumann
A Neumann & Associates, LLC
contact the seller
Good Business at a Great Price
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