Full Service Marina with Real Estate

Not Disclosed, NY


Asking Price: Annual Revenue:
$2,125,000 $844,011

Automotive & Boats: Boat Storage and Marinas


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RE: Full Service Marina with Real Estate Broker: Darren Smith

Quick Facts

Asking Price: $2,125,000
Annual Revenue: $844,011
Net Profit: Not Disclosed
Cash Flow: $102,965
Total Debt: Not Disclosed
FF&E: $98,906
Real Estate: $1,250,000
Year Established: 1977
Employees: 7
BBN Listing #: 31034955
Broker Reference #: 3408-16573

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Business Overview:

Buy now with only $425,000 down!

This amazingly profitable marina is located on Long Island. it is an established, well-maintained property with significant growth and expansion potential. The property has 120 feet of water frontage with 1.90 acres of upland site area. The site has 35 boat slips (average size 22 feet) excluding two service slips and 150 upland boat storage spots all with adequate parking.

The site is improved with two buildings (chandlery and marine repair shop) The chandlery is 1650 sq ft and sells marine products to boaters at retail and the office provides space for the marina day-day operations.

The site also has a 2,550 square feet marine repair shop that generates additional revenue. This is an exceptional opportunity for someone seeking a working retirement with winters off!

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Property Features and Assets:

The property has 120 feet of water frontage with 1.90 acres of upland site area. The site has 35 boat slips (average size 22 feet) excluding two service slips and 150 upland boat storage spots all with adequate parking. The site is improved with two buildings (chandlery and marine repair shop). The chandlery is 1,650 square feet and sells marine products to boaters at retail and the office provides space for the marina day-day operations. The site also has a 2,550 square feet marine repair shop that generates additional revenue. Assets = $1,448,966.

Market Competition and Expansion:

7 other comparable boat slips and winter storage rates in the same immediate area have have been identified and compared and all have on average a 92% slip occupancy rate. There is significant growth opportunity in both the upland boat storage and service area. Also any new owner might have the opportunity to build an additional building or renovate to put a restaurant on the property.

Reason for Selling:

Ownership is ready to retire.

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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