Asking Price: $2,750,000

Gross Revenue: $422,400

Cash Flow: $220,613

Inventory: $15,000 (Included in Asking Price)

FF&E: $328,000 (Included in Asking Price)

Real Estate: $2,400,000 (Included in 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.

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.

Management Training and Support: negotiable transition training

Reason For Selling: Retirement