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Licensed Marina With Operating Rental Boat and Sport Fishing
Business Description
Licensed Marina with Operating Rental Boat and Sport Fishing Business
Established in 1948, this turnkey marina operation represents a rare opportunity to acquire a fully operational waterfront business in Broward County, Florida. This absentee-owner managed enterprise generates $2+ million in annual revenue including sport fishing charters, boat rentals, and drift fishing.
Business Overview:
The marina features 6 available slips and operates a fleet of Coast Guard certified vessels including 3 sport fishing boats and a 55-foot aluminum drift boat certified for 55 passengers. The business holds comprehensive licensing for sport fishing, rental boats, drift fishing, and jet ski operations, providing multiple revenue streams in Florida's robust marine recreation market.
Key Assets:
- Prime waterfront real estate, included in sale
- Fleet of Coast Guard certified vessels
- Complete licensing package for all marine operations
- $1.7 million inventory included in asking price
- Established customer base built over 75+ years
Operational Excellence:
With 12 team members and experienced management in place, this business operates efficiently under absentee ownership. The existing marina manager will provide six months of transition support post-sale. The operation benefits from having certified captains and mates, which are notably difficult to find in the current market.
Market Position:
The business operates in a stable market with limited competition due to Florida's restricted number of available marina licenses. This regulatory barrier creates significant value and protection for existing operators.
Growth Potential:
Expansion opportunities exist through enhanced marketing efforts to attract additional sport fishing and rental customers. The comprehensive licensing allows for potential jet ski operations and other water recreation services.
Financial Highlights:
- Annual Revenue: $2,300,000
- Asking Price: $5,995,000
- Real estate included
- Inventory: $1,700,000 (included)
This represents an exceptional opportunity to acquire a legacy marine business with significant real estate value, established operations, and protected market position in one of Florida's premier boating destinations.
Established in 1948, this turnkey marina operation represents a rare opportunity to acquire a fully operational waterfront business in Broward County, Florida. This absentee-owner managed enterprise generates $2+ million in annual revenue including sport fishing charters, boat rentals, and drift fishing.
Business Overview:
The marina features 6 available slips and operates a fleet of Coast Guard certified vessels including 3 sport fishing boats and a 55-foot aluminum drift boat certified for 55 passengers. The business holds comprehensive licensing for sport fishing, rental boats, drift fishing, and jet ski operations, providing multiple revenue streams in Florida's robust marine recreation market.
Key Assets:
- Prime waterfront real estate, included in sale
- Fleet of Coast Guard certified vessels
- Complete licensing package for all marine operations
- $1.7 million inventory included in asking price
- Established customer base built over 75+ years
Operational Excellence:
With 12 team members and experienced management in place, this business operates efficiently under absentee ownership. The existing marina manager will provide six months of transition support post-sale. The operation benefits from having certified captains and mates, which are notably difficult to find in the current market.
Market Position:
The business operates in a stable market with limited competition due to Florida's restricted number of available marina licenses. This regulatory barrier creates significant value and protection for existing operators.
Growth Potential:
Expansion opportunities exist through enhanced marketing efforts to attract additional sport fishing and rental customers. The comprehensive licensing allows for potential jet ski operations and other water recreation services.
Financial Highlights:
- Annual Revenue: $2,300,000
- Asking Price: $5,995,000
- Real estate included
- Inventory: $1,700,000 (included)
This represents an exceptional opportunity to acquire a legacy marine business with significant real estate value, established operations, and protected market position in one of Florida's premier boating destinations.
About the Business
- Years in Operation
- 77
- Employees
- 12
- Facilities & Assets
- Vessels, Marina, Licensing, Phone Numbers domains, property, Fishing tackle, refrigerators, vending machines, docs, etc.
- Market Outlook / Competition
- Market is stable, not expandable due to the locked number of Marina’s available in the state of Florida. Certified vessels are impossible to find certified captains which we possess along with mates are very difficult to find.
- Opportunities for Growth
- Opportunity for growth is completely dependent on the amount of time and energy ownership wants to spend in marketing to add potential visitors to sport fishing and rental boats, Along with jet skis. Licensing for Sport Fishing, Rental Boats Drift Fishing and jet skis are part of this package.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 900
About the Sale
- Seller Motivation
- Moving to retirement.
- Transition Support
- Existing Marina Manager will stay on six months.
- Financing Options
- Seller is not offering financing at this time. Current noteassumable.
Listing Info
- ID
- 2296131
- Listing Views
- 3056
Listing ID: 2296131 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. See our full Terms of Use. Learn how to avoid scams.
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