Upstate New York Wet Slip Marina - Confidential Offering ID: SM229
This acquisition opportunity offers prospective buyer an easy to operate, slip rental facility with 325-slip wet slips. The facility is operated on town leasehold property.
It is extremely rare to find a marina facility with such new improvements and with no deferred maintenance. All improvements are newly built or renovated within the last 6-years. The all-aluminum, floating docks were installed from 2017-2019, including new electric, water and high-speed WiFi. The parking lot, sidewalks and sea wall are all new (2019-2022). The double-sided launch ramp is new as of 2017. The clubhouse and store were impeccably renovated in 2017.
Over 75% of gross revenue is derived from slip rentals, followed by fuel sales, launch ramp fees, and rental income from a 3rd-party boat service and repair tenant. Ownership is absentee, establishing the fact that the current profit center mix is relatively easy to operate.
Local Broker of Record:
Venture Brokerage Group
2815 Monroe Avenue
Rochester, New York 14618
Marina Marketing and Investment Adviser:
4000 Ponce De Leon Blvd, Suite 470
Coral Gables, FL 33146