Not Disclosed, IA

Asking Price: Annual Revenue:
$750,000 $1,664,798

Automotive & Boats: Boat Storage and Marinas

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RE: Marina Broker: Michael Rooney

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,664,798
Net Profit: Not Disclosed
Cash Flow: $280,044
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1963
Employees: 6
BBN Listing #: 50574955
Broker Reference #: 5003-14130

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Business Overview:

Profitable well established marina located on the river providing sales, service, repairs, lifts, rentals, storage and fuel. Marina offers top of the line performance boats and pontoons. Marina is a factory authorized engine and boat dealer offering factory repairs and maintenance.

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Property Features and Assets:

The business is located on the river with great visibility and access. Buildings provide a new boat showroom, office and repair facilities along with indoor boat storage. Parking area is used for used boats as well as customer boats and parking. Assets= $200,000

Market Competition and Expansion:

The marina is is a full service marina with little competition in the area. The business does work for customers that live more than 150 miles away. Marina has been in the area for over 40 years and has a great reputation for service and sales. New owner will be able to leverage more dock rental units and boat sales. Repair work and storage is an area that should grow with additional marketing and advertising.

Reason for Selling:

Other business interest.

Additional Details:

  • The property is leased.
  • 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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