NH Marina with Real Estate on One of the Big Lakes

Listing #: 1588

Location: Central NH

Description; This Marina is one of a kind featuring 42 slips, a ships store, boat rack storage, a gas dock and plenty of parking along with customer facilities.  Boat rentals and valet services are offered and the owner states that the fleet of rental boats is in excellent condition. It is located on one of NH’s big lakes and includes the waterfront real estate!  The owner is absentee and the manager is willing to stay on.  Marine sales and service and food service could be added and the rental fleet and valet services could be expanded.  The acreage is estimated at 1.25 to 1.5 acres. Full details are available to qualified buyers.  It is not likely that additional marinas will be permitted on this lake and there is a waiting list for the rental slips! Cash flow numbers are after estimated market rent or real estate purchase. (please verify independently).                                           

Financial Information:

Yearly Gross: $562,450 (2019)

Cash Flow / EBITDA: $108,000 (2019 with absentee owner)

Cash Flow / SDE $180,000 (working owner replaces GM)
Assets / FFE: $231,500 (Included)
Inventory: $TBD (Not Included)
Real Estate: $Included for Sale, details available        
Financing: Pending SBA Pre-Screen
Asking: $Offers!

General Information

Year Established: 1950’s. Purchased and rebuilt by current owner in 2007

Facilities: 7 covered boat slips and 35 outside boat slips, ships store and boat storage

Type of location: Waterfront Marina with ships store and facilities
Growth and Expansion: Add Sales and Service or possibly food and beverage

Support/Training: Owner will assist in a smooth transition

Reason Selling: Retirement
Employees:    1 FT    2   PT

Franchise: No       Home-based:  No      Re-locatable: No

For more information, please contact:

Company: ROI Corporation a BBANE Affiliate

Broker: Gary Rayberg

Broker: Phone: 781-682-6209 ext. 208