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Marina - North Channel Lake Huron
Location: Canada -> Ontario -> Lake Huron
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Full service 70+ slips marina on 1.35 acre 143' on North Channel of lake Huron

Full service marina on 1.35 acre 143' on North Channel of lake Huron, the area of world class sailing, in operation since the 1940's, the family business since 1966, Its capacity has increased from 20 slips in 1966, to over 70 slips today.
Situated in downtown Little Current on Manitoulin Island.

Dockage is available for all types of boats, as well as inside and outside storage.
Certified Marine Technicians provide boat service. Authorized dealer for Mercury/Mercruiser and Yanmar Diesel engine products. 2.25 acre water lot leased from M.N.R. is included, also all equipment, tools, docks, etc.
Financial statements are available to qualified buyers.

Property taxes $17k. Asking price $1,799,000 negotiable.

Andrew Sobczak
Broker of Record
On Georgian Bay Real Estate Inc.
Real Estate Brokerage
RR2, PO Box 174, Victoria Harbour, ON L0K 2A0
phone 705 543 1341
Brokered by J.A. Rolston Ltd real estate brokerage


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $600,000
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  1948
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

Photos

View Larger Photo(s) Of Business
Marina - North Channel Lake Huron Photo 1 Marina - North Channel Lake Huron Photo 2 Marina - North Channel Lake Huron Photo 3




Print Listing Id: 700210946
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Ontario Businesses For Sale > Ontario Franchises For Sale



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