Lease To Own Marina
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $100000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1980
Number of Employees 1 - 3
Inventory 250000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Yes.
Reason for Sale Other businesses.
Description Wow? This 225 slip facility with restaurant, mini put, swimming pool, volleyball court, repair facility, travel lift, portable pump out, equipment, rv sites, 13 acres of land and water is being offered for sale at only $1.45M CDN funds. The owner will also hold a 1st mortgage and would even look at a lease to own situation. The lease would be for $125K per year and $25K of this amount will actually go for the down payment. At the present time there are only 40 to 45 seasonal boaters and transient. This marina does not do any winter storage, repair, sales, fuel,. Good possibility to grow the marina into a thriving operation. Located on Lake St Clair and only 45 minutes to downtown Detroit.
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