|
|
|
|
|
|
The Business is a full service marina, including fuel sales, restaurant and bar, marine service, slip leases, watercraft and water toy rentals, and a “Ship’s Store” which sells boating accessories, cold beverages, snacks, sun screen, water toys and clothing. The Business is located on a major recreational lake Texas. The Businessis the only premier full line marina on the lake. This is neither an offer to sell nor a solicitation to sell securities.
Please refer to listing ID: 440
|
|
| Industry: |
Entertainment and Leisure |
| Industry Segment: |
Other Entertainment and Leisure |
| Geography: |
United States > Texas |
| Asking Price: |
$1,995,000 |
| Gross Revenue: |
$1,235,000 |
| Cash Flow: |
$216,500 |
| Value of Real Estate: |
$1,990,000 (Included in Asking Price) |
| Seller Financing: |
Seller will consider financing a portion of the purchase price depending upon other terms of the offer. |
|
| Year Established: |
1960 |
| Number of Employees: |
3 full time - 3 part time |
| Mgmt. Training/Support: |
Seller will remain for a reasonable transition period |
| Facilities: |
The Business is located on approximately 2.240 acres of land, with approximately 1,200 feet of waterfront and over 128 slips in the 7 docks, one of which has two gasoline pumps. The main building contains the 1,140 sq foot Ship’s Store, 855 square foot of office space, 325 square foot of loft storage that could be used for retail. The restaurant and bar is above the office & Ship’s Store in an area of approximately 2,100 square ft and 625 square ft. covered patio, with a total seating capacity of 102 persons. The marine service is performed in a separate, newly constructed 3,000 square foot building located on the premises. The undeveloped portion of the land is used for boat and trailer storage (fenced and locked), but could be improved to include multiple covered dry storage facilities. |
| Market Outlook/Competition: |
Well-established business with a profitable operating history. Current owner has dramatically improved operations and resulting financial results, thus improving the image of the Business. Numerous growth opportunities through additional product offerings, facility expansion and marketing existing services to Business’ extensive customer list of high net worth individuals. Sound financial characteristics with an increasing revenue base and strong operating margins. Consistent and loyal customer base generating a high level of repeat business. Ideally located in a strong economic region of the U.S. that enjoys a healthy market with an excellent long-term growth outlook. |
|
| Email: |
info@horizonbusiness.com |
|
|
|
|
|
|
|
|
|
