Resort/marina
| Asking Price: | $2,750,000 | Inventory: | $15,000 ++ |
| Gross Revenue: | $422,400 | Real Estate: | $2,400,000 ++ |
| Cash Flow: | $220,613 | FF&E: | $328,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Resort and marina located mid-lake on a TVA reservoir in Tennessee includes boat storage, motel, cabins, restaurant, retail store, RV/tent campsites and campground, 2600SF residence and more on 6 lakefront acres with 1050 feet of lake frontage. Sale includes 52 adjoining acres with lake access for development into campground, RV park or single and/or multi-family residences.
About the Business
Year Established:1964
Employees:2 full time -
Facilities:Marine sales and repair, boat storage, motel, cabins, restaurant, retail store, RV/tent campsites and campground, 2600SF residence and more on 6 lakefront acres with 1050 feet of lake frontage. Sale includes 52 adjoining acres with lake access.
Market Outlook and Competition:Development of lakefront property is booming in the area. Marina space is hard to come by and limited by TVA. There is plenty of space to expand on the six lakefront acres for additional motel space, condos or campsites. There is plenty of space available to add boat slips.
About the Sale
Reason For Selling:Retirement
KEYWORDS: Boat dock, marina, resort, lake, fishing
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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