Full Service Marina On Whitestone Lake
Location:
Canada
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Ontario
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Dunchurch
Industry: Entertainment and Leisure > Other Entertainment and Leisure
Business Summary
$99,000 deposit will secure this business and 5 bed home!! Vendor mortgage available on the balance. The only Marina on beautiful Whitestone Lake in the heart of cottage country. Offering Dockage, Service, Storage, Rentals, Store, Gas on the lake and much more. New above ground tank installed 7 years ago. Four star eco rated through the OMOA Clean Marine program.
Due to family obligations, the owners were forced to close and return to England. However, the Customer base is there and ready to return. This business could be up and running again within 2 days!!! There are 24 dock slips ready to rent out for the summer, generating instant income. The gas tank is ready to be filled. The workshop contains the largest test tank in the area and is fitted out ready to start repairs to all small engines, ATVs, Lawn equipment and even Snowmobiles in the winter. The majority of boat owners on this lake are currently having to go off site for service and storage and are very anxious to return. Over 100 frames for winter storage are also included - all Customers have indicated they WILL return. This business has been grown over the last seven years by the current owners. Storage has increased nearly 2000%. Continued growth is anticipated in other areas. Currently run as a seasonal business only, the opportunity exists to turn this into a year round business, offering snowmobile service in the winter months.
This is not just a business - it is a lifestyle. Why buy a cottage and work in the city? Why not live and work in this beautiful location. Enjoy boating, tubing, skiing, fishing, hunting and snowmobiling all from your own home, with no travelling!
Large living accommodation above the store and workshop, consisting of 4/5 bedrooms, lounge, kitchen/diner, bathroom, and newly fitted out laundry room. Benefits from recently installed oil furnace and tank (2004) and new propane fire (2005/6). New metal roof (2004). Many other new features.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$150,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000
Seller Financing: Yes
About The Business
Year Established: 1970
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Full Customer Database and service records available, along with Supplier details. Current Owners will happily offer guidance and advice.
Reason For Selling: Leaving the country.
Click on the "I'm Interested" button above for more information on this Entertainment and Leisure > Other Entertainment and Leisure business for sale.
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Print Listing Id: 70060859
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