Waterfront Full Service Marina Business w/Property

New York, NY

Asking Price: $3,500,000
Business For Sale Details
Listed on Jan 16, 2024

Broker is proud to exclusively represent the sale of a solid, well rounded, and trusted family-owned boat storage and boat service facility for over 34 years. Full Service Marine Business w/Property and Boat Slips for wet and dry storage. Located on the waterfront on the South Shore of Long Island. The sale is for the property and 2 businesses housed on the property. The businesses includes a full service marine repair and supplies business and wholesale/commercial boat dealership. They are the only Volvo Penta and Tohatsu dealer in the greater Long Island area. Property is approximately .38 acres and is zoned E-industrial. Super low taxes est. $9004 yearly. A new 2,700 sf $1.7 m building was constructed on the property in 2017 which houses equipment, inventory and office/retail space. New 120' Bulkhead, ramps and docks. The waterfront can dock up to 20 boats, 10 or more boats on land storage. Marine mechanics and shops from all over Long Island utilize the tremendous amount of inventory housed at this location both retail and wholesale. Don't miss this great opportunity to purchase a fully functioning marine business with property on the beautiful waterfront of Long Island. Sale includes over $1.4m in new inventory and $900k in equipment. Serious inquiries only. Proof of Funds required

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Financials (USD)

Asking Price $3,500,000

Cash Flow Not Disclosed

Sales Not Disclosed

Deal Terms

Represented by broker? Yes

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Yes

Relocatable? No

Real Estate? Yes

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