Owner Financing is Available!
Business Overview:
Located right off of a well-trafficked recreational lake, this shop offers boaters quality repair and parts service as well as fuel and storage. Also boasts a retail store offering camping, boating and fishing equipment, light provisions, tobacco products, and tube rentals. This is the only shop of its kind on this huge reservoir, and there is ample opportunity for expansion and development. Asking price includes real estate: a four-bedroom home, 10 acres, a large shop, and storage shed as well as an extensive parts and specialty tool inventory.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This sale includes a fully furnished, 4 bedroom home featuring a “parent’s retreat” off of the master bedroom and a beautiful view of the lake . The home could be occupied by an owner-operator, leased to an employed boat mechanic, or time-shared to generate income year-round. The home sits on 1.14 acres. The 50x100 foot shop has a 26x66 foot upstairs along with a 34 foot area (with upstairs show room ad storage) for retail sales. The shop sits on 2.3 acres. An additional storage shed provides room for 3 boats.
Market Competition and Expansion:
Develop Adjacent and Lakeside Areas: The 200 acres of adjacent land right on the Lake –including 6,000 feet of shoreline- could be subleased from the Game and Parks Commission (which leases it from the Bureau of Land Management). Developing this area would not only generate new revenue, it would substantially increase traffic and business to the existing business The Game and Parks unofficial vehicle estimate projects that half a million people visit this reservoir every year. There are nowhere near enough existing facilities to fully accommodate all of these customers. In fact, the south side of the Lake, where this business is located, is the most underdeveloped. If a marine were added, projected traffic to the lake is in excess of 1 million visitors annually. Owner has already commissioned studies examining possibilities for development, including lodging, a country club, docks, fisheries, and camping facilities. Check out these plans and expand upon your own to capitalize on an existing traffic flow and ready-made customer base!
Reason for Selling:
Retirement and travel
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.