Maine Oceanfront Boatyard
Seller Financing Available
Asking Price:   $1,075,000Inventory:   $70,000 ++
Gross Revenue:   $237,183 (comments below)Real Estate:   $1,020,000 ++
Cash Flow:   $127,597 (comments below)FF&E:   $55,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2008
Cash Flow Comments: SDCF
Strategically located in the Gulf of Maine, this long-established Boatyard is a welcoming destination for both local boaters and for visitors sailing the Maine coast. The Boatyard offers a wide array of services, including wood and fiberglass boat and engine repair and restoration, commissioning and decommissioning, seasonal waterfront and layover services and off-season storage. Its service facilities include a modern 50’ x 70’ radiant-heated primary boat shop housing two-work bays, a chandlery store, with an office and conference room in its mezzanine. A second 40’ x 50’ boat shop is used for inventory warehousing and off-season boat and gear storage. Waterfront facilities include a 20’ x 130’ launch ramp, a network of floats and two deep-water moorings that accommodate four boats up to 45 feet each. Shower and laundry facilities, gear lockers and a three-party oceanfront picnic area with metal fireplaces round out the amenities offered to customers. Included in the offering of the Boatyard is a grand two-level, seven-room (3 bedrooms) 2 1/2 baths natural shingled owners’ residence built in 1991, with a surrounding deck and a three-sided view of a Cove. The residence has a family/guest suite on the first floor with a kitchen, living room, bedroom and full bathroom. In addition, there is a 16’x 28’ apartment on the NW end with a kitchen, dining area, living room, single bedroom and full bathroom. The apartment faces the lawn, flower and herb gardens and provides open views of scenic the cove. All of the properties associated with the Boatyard are impeccably maintained and present an inviting appearance to customers and visitors alike.
About the Business
Year Established:1988
Employees:3 full time - 2 part time
Facilities:Multiple buildings, including a grand two-level, 7 room owners' residence, all on a 2.86 +/- Acre Oceanfront Site.
Market Outlook and Competition:Famous boating/sailing destination situated on irreplaceable oceanfront site.
About the Sale
Management Training and Support:Available.
Reason For Selling:Retirement.
Seller Financing:Negotiable.

KEYWORDS: Maine Marina Residence


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Business Listed By
Richard A. Mathurin, Sr.  |  Richard A. Mathurin And Associates, LLC
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