Contact us for a complimentary strategic consultation and preliminary valuation

Marina for Sale: Confidential Midwest Marina – Offering ID: SM73

Price: $4,100,000
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Overview

This is an absentee owned marina, situated on long-term USACE leasehold property. The strategic location helps bolster demand for the marina’s various profit centers. The 300+ boat slips are at full occupancy, with a waitlist. All improvements are in great condition, with no deferred maintenance issues. Ownership has recently undertaken a major Capex overhaul, with both new and fully refurbished docks, a new floating ships store/restaurant and new fuel systems. The Marina offers covered boat slips, land-side dry boat storage, fuel, boat rentals, boat service and repair, a restaurant, and an on-site boat ramp.

Highlights

  • Management in-place
  • No deferred maintenance
    • Seller has undertaken extensive capital improvements and maintenance over the past two years
  • 300+ Covered boat slips
    • All slips are at full occupancy, with a waitlist
  • Climate-controlled service and repair building
  • New fuel dock, fuel lines and electronic fuel console
  • New floating convenience store and restaurant connected to the gas dock
    • Approximately 6,000 sq ft
    • Huge, covered patio overlooking the gas dock and lake
  • Popular boat rental fleet
  • Gated outdoor trailered boat storage lot
  • On-site boat ramp and bathhouse
  • USACE long-term, renewable, ground lease
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The Opportunity

The Seller believes that there is potential to add more slips, pending approval from the USACE. Slip rental demand is already in-place, as the marina is at full occupancy, with a waitlist.

Demand for additional boat lifts is consistent, making sale and installation of boat lifts a good source of additional future income.

The popular boat rental fleet is in great demand, making it prime for expansion and increased boat rental revenue.

For More Information

Michelle Ash
Principal
(305) 439-9581
George Ash
National Director
(352) 262-5784