Lake Simcoe Area Marina For Sale
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 1955
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Perhaps
Reason for Sale Retirement
Description Great opportunity to purchase turnkey, well established marina on Lake Simcoe, Ontario. Facility is located north of Toronto and just north of Bradford and south of Barrie in Cooks Bay. Over 150 slips, 11 acres of land and water, no water lot lease, winter storage, club house, two apartments over offices, repair/mechanical, and some retail. I have 2009 appraisal at $1.8M and today's asking price is only $1.3M CDN. New owner could live in one of the apartments or build their new home on the point looking out into the lake. Ample room to expand the dryland area with racking or covered indoor heated storage. The Cooks Bay Yacht Club is presently located in this facility. This marina has much potential and the possibilities are endless. Yacht brokerage, boat sales, snowmobiles, ice fishing etc. could all be evaluated for extra income streams. Don't be disappointed and act quickly due to very few marinas ever come up for sale on Lake Simcoe. Statements are available to qualified buyers. Do not go direct?
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