Marina - North Channel Lake Huron

www.GlobalBX.com

Listing ID: 700210946

Listing Title: Marina - North Channel Lake Huron

Quick Link: http://www.globalbx.com/listing.asp?bId=210946

Industry: Entertainment and Leisure

Industry Segment: Other Entertainment and Leisure

Country: Canada

State / Province: Ontario

Area

City: Lake Huron

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $600,000

Cash Flow: $250,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1948

Number of Employees: 4 - 5

Business Description:
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



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