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Marina In Iowa For Sale

Iowa
Asking Price:
$750,000 (USD) Furniture / Fixtures included
Turnover:
$1,664,798 (USD)
Net Profit:
$280,044 (USD)

Profitable well established marina located on the river providing sales, service, repairs, lifts, rentals, storage and fuel. Marina offers top of the line performance boats and pontoons. Marina is a factory authorized engine and boat dealer offering factory repairs and maintenance.

Property Information

Premises Details:

The business is located on the river with great visibility and access. Buildings provide a new boat showroom, office and repair facilities along with indoor boat storage. Parking area is used for used boats as well as customer boats and parking.

Business Operation

Expansion Potential:

Marina has been in the area for over 40 years and has a great reputation for service and sales. New owner will be able to leverage more dock rental units and boat sales. Repair work and storage is an area that should grow with additional marketing and advertising.

Competition / Market:

The marina is is a full service marina with little competition in the area. The business does work for customers that live more than 150 miles away.

Reasons for selling:

Other business interest.

Trading hours:

Mon-Fri 8am-5pm; Sat 8am-2pm

Employees:
4 FT / 2 PT
Years established:
56 years

Other Information

Support & training:

Will train for 2 weeks @ no cost
Successful buyer should have sales and service skills as well as great customer service skills.

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price

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