Marina for sale in Lakes Region of New Hampshire -Under Agreement


Listing #: 1576

Location: Lakes Region of New Hampshire

Description: For offer of sale is a well-known and highly successful big lake marina in the lakes region of central New Hampshire. This property features 43 boat slips, 6 boat houses, a boat storage capacity approaching 500, and a year-round 8,000 sq. ft. reconditioning and repair center. This impressive facility is ideal for maintaining productivity and income during the winter months. This landmark marina has been an industry leader for nearly a half century and has a modern showroom in close proximity to a busy thoroughfare that carries 14,000 cars a day during the summer months. Long renowned for outstanding sales and service, this business represents a rare investment opportunity to purchase coveted big lake water frontage. This facility spans over 8 acres and has 15 modern buildings. Commercially zoned with city waters & sewer, total lake frontage is a generous 8,000 sq. ft. Additionally, there is sufficient utility, zoning, and space for other realms of real estate development. The demand for lake -fronted properties, boat registrations, boat sales, and recreational destinations has risen exponentially in the last 10 years. Opportunities to purchase similar properties are rare and often fleeting. This property is among the very best of its kind and it is available right now. More details available to qualified buyers. Contact us for details today!

Financial Information:

Yearly Gross:$2,731,466

Cash Flow: SDE/EBITDA: $Undisclosed

Assets/FFE: $700,000 (Included)

Inventory: $ Not included

Real Estate: $ Included in Sale

Financing: Pending SBA Screen

Asking: $4,600,000

General Information:

Year Established: 1972

Type of Location: Commercial/Waterfront

Facilities: Indoor/outdoor storage, full service year-round showroom

Support/Training: Owner will assist in a smooth transition

Reason Selling: Retirement

Employees: 12 FT, 5 PT

Franchise: No

County: Belknap

For more information please contact:

Company: ROI Corporation

Broker: Peter Spanos

Office: 781-682-6209 ext.268