Business For Sale

New Price- Serious Seller! Beautiful Mississipp...

Eastern Iowa, IA


Asking Price: Annual Revenue:
$2,265,000 Not Disclosed

Recreation: Outdoor


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RE: New Price- Serious Seller! Beautiful Mississipp... Broker: Megan Cox

Quick Facts

Asking Price: $2,265,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $1,172,500
Real Estate: Not Disclosed
Year Established: 1994
Employees: Not Disclosed
BBN Listing #: 346343542
Broker Reference #: QUADCIL001-N534

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Business Overview:

NEW PRICE- SERIOUS SELLER: This is your once-in-a-lifetime opportunity to own a popular and well-established waterfront marina, Boatels houseboat fleet and restaurant in the beautiful upper Mississippi area. Since 1993 the business has been open seasonally from April through October, offering a full-service marina, a casual restaurant and boat rentals. The full-service Marina has 200 slips for seasonal docking, pontoon and houseboat rentals, and fuel sales. Several houseboats, holding from 6-12 passengers, are available for rent during the season for an unrivaled waterfront experience. This full-service marina only has 2 other competitors within a 25-mile radius. The casual restaurant offers indoor and outdoor seating with the best river view for lunch and dinner and is the only waterfront restaurant within the historic town and surrounding areas. This is a rare chance to own over ~1,100 feet of Mississippi riverfront real estate, in that most of the land is owned by the Corp of Engineers. Including, privately owned real estate: A ~9000sq.ft. houseboat manufacturing outbuilding offers large manufacturing equipment, winter storage and off-season revenue; as well as an ~60,000sq.ft. houseboat storage lot. Additionally, there is ~500 feet of riverfront land leased from the city. A ~10,000sq.ft. leased boat storage barn, and a ~6,400sq.ft. leased outbuilding for storage and a full service marine shop. The current owners wish to retire and are looking for qualified buyers. Potential candidates might include individuals with a background in marinas and management who would operate and manage the business day to day. Real Estate as well as all furniture, fixtures and equipment and inventory will be included in the sale. The sellers will provide a training and transition period to assist a new owner in order to assure a smooth transition. For more information about this Mississippi Riverfront Marina, Restaurant and Boatel Business for Sale, please contact Megan Cox at megan.cox@sunbeltnetwork.com or 563-940-1255

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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.

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