Description of the business for sale
Our client operates a full service marina in the mid –Atlantic region in New Jersey, in close proximity to several highways. The property is
located in a short commuting distance to major population centers and accordingly, various developments are in the marina’s proximity.
The marina itself is located on 20 acres of waterfront property, and has several buildings - providing 16,000 sq.ft for storage,
maintenance, and various rental units. Lineal footage of docks is approximately 2,000, all in very good condition. The business generates
1,5m in revenue, with considerable available cash flow for the owner. Basic product lines consist off bait, tackle and marine gear sales,
as well as slip and dry dock rental, supplemented by lift and ramp fees. The property lends itself perfectly for a townhouse development
(whereas the town will not approve condominiums). It is one of the last few “marina gems” on the Jersey shore at a very quiet nature
location, but still easily accessible from major highways. *** ALL DATA BASED ON SIGNED TAX RETURNS ***
|
Description of the facilities
Furniture, fixtures, and equipment = 0
Furniture, fixtures, and equipment included: N
|