Asking Price: $4,200,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
• Income sources include
o wet slips - 185 (annual and transient rental) - 100% occupancy
o new storage buildings - 66 units (50 are boat storage units) - 100%occupancy
o outside trailered boat storage spaces for approximately 30 boats
o boat rental fleet
o popular fee-based launch ramp - double wide
o successful restaurant & ships store - 2,113+/- sq ft floating building
o lodging - 2 floating cabins
o fuel dock selling non-ethanol fuel
• The asset sits on a total of 11 fee simple acres: 7 for the marina + 4 for the dry storage (no lease fee on the submerged land).
About the Business
Building Sq. Ft.:
No deferred maintenance. Recently built docks and storage buildings
Consistently at or near full occupancy
Growth & Expansion:
• Strong cash flow and reliable NOI • Construct additional dry storage units - currently and historically at full occupancy • Construct additional wet slips - currently and historically at full occupancy • Additionally available vacant land adjacent to the dry storage parcel • Short 12 week season, requiring little to no attention during the closed season.
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 & Conditions.