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Business For Sale

MULTI FACETED LAKESHORE BUSINESS OPPORTUNITY

Attn: George Indestad
Mid, TN, USA
Listing Number: "NASHVTN1580"
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Asking Price: $6,700,000 USD USA Dollars
Business for Sale Industry: Recreation: Outdoor  
Reason for Selling: Retirement
Year Established: 1950
# of Employees: 6 FT 12 PT
Yearly Cash Flow: $175,000
Yearly Gross Income: $2,161,847
 

Business for Sale Overview:

Real Estate included in selling price. This is a great real estate development opportunity as well as being truly a one of a kind Resort & Marina. The business offers marina facilities, great fishing and boating opportunities, group and individual accommodations and camping areas for the short term or long term, excellent hunting areas near by, boat sales and service, lots of parking for all sorts of vehicles, and an envious location on the Tennessee River’s Kentucky Lake with over 2,000 feet of waterfront. The value of your investment will continue to grow throughout the future.


Property Features and Assets:

The main two story building is 11,000 square feet with offices, a large sales lobby, and a generous gathering area for meetings and presentations. The repair and maintenance building is immediately behind the main building. RE is included at $4,500,000 Furniture, Fixtures & Equipment is included at $1,300,000 and inventory is included at $627,269


Market Competition and Expansion:

This Resort & Marina sets itself apart from the competition as it offers more than the normal industry products and amenities and delivers these services to their clientele in a sincere, fun and family oriented manner.


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.

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