Full Service Marina with Waterfront Property to Develop (RA 136)

Company Summary

This Midwest deep water access marina is located on one of the Great Lakes within 90 miles of a major metropolitan area with property development

opportunity. The Company is a full-service marina that has been in service for over 40 years and offers dockage and boat storage
including some heated for approximately 150 boats up to 70 feet in length and 50-ton capacity.. They have a dealership with 3 
major boat brands, a full marine service department, haul out facilities, restaurant,  ice-cream shop and retail store on the premises. 
The operation includes 5 commercial buildings and approximately 10 acres of land (including over 300 linear feet of waterfront) 
which can be developed into condominiums or a hotel. Their annual dockage renewal rate is nearly 90% with clients staying an average 
of ten years.  The inside heated storage has had a waiting list for the past 3 years. The Company has a solid staff in place and an opportunity 
to add more services. This is an excellent opportunity for an investor or entrepreneur.


Revenue:  $2,494,000
EBITDA: $275,600


Non-Disclosure (LINK)