Prominent NJ Marina on Lake Hopatcong

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Award Winning Marina with tremendous growth potential
Asking Price:
$5,999,999

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed

Real Estate:
$4,000,000
included in asking price

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Business Description

Katz's Marina LLC on NJ's largest lake consists of 4 properties, 3 of which are lake front, and one with roadside exposure. Two properties are located in Lake Hopatcong, Morris County,and two properties are located in Hopatcong, Sussex County, NJ. Katz's Marina is known worldwide as the leader in the antique boat industry and we sell, service, and dock new and used boats. There are two residences included in the sale. One is a 2 bedroom apartment above the location in Lake Hopatcong, and the other is a separate deeded lot lakefront in Hopatcong with a 4 bedroom colonial, which is perfect for owner occupation, or a bed and breakfast. Both locations offer a great revenue stream and both have potential for future growth for the right owner with vision. Located only 1 hour or less from NYC. Don't let this opportunity drift away.

About the Business

Year Established:
2008
Number of Employees:
10
Website:
www.katzsmarinaatthecove.com
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About the Sale

Reason For Selling:
Time to retire
Training/Support:
The current skilled employees are willing to stay and the current manager, who resides in the 2 bedroom apartment is willing to stay at new owner's request.
Seller Financing:
Negotiable

Listing Info

ID:
1446848
Ad Detail Views:
0

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U.S. Census Data for Morris County, NJ
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Morris County, NJ
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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