Marina For Sale
Location British Columbia,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $995000
Net Profit / Cash Flow $185000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1965
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Will be provided.
Reason for Sale Retirement.
Description This piece of paradise is a true west coast lifestyle opportunity. Located on a small Gulf Island this property is a full service operation with seasonal revenue from: marina/fuel dock, pub/restaurant, rental accommodations and c-store with liquor, and post office. The operations generate $185,000 for the owner before debt service.The realty consists of approximately seven sub-dividable acres. The marina/pub/restaurant/rental accommodation is located on about three acres of this land which is zoned C1 and the remaining four acres zoned R2 residential is undeveloped awaiting future residential subdivision. Also the company leases the 3 1/2 acre foreshore lease DL300 on which the marina is located. This foreshore lease has about 5 years remaining on its term and could be purchased from the province. Fuel storage is upland, in modern above-ground tanks and is delivered to the dock via piping that has been replaced recently. The main building complex with pub/restaurant is accessed from the water via ramp to the foreshore and also by road access and parking alongside the building. Rental accommodations are separately located above the main building. This ''Turn-Key'' operation is fully staffed and a wonderful opportunity for someone wanting to enjoy small island life. Contact for more information on this Marina for sale.
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