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Asking Price$1,900,000
Revenue$850,999 Established1964
Cash Flow$123,000 Employees6 full-time
FF&E$500,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$600,000 Home-basedYes
* Included in Asking Price
Cash Flow: $100,000

Gross Revenue: $850,000
EBITDA: N/A
FF&E: $450,000
Inventory: $130,000
Real Estate: $410,000
Established: 1964
Business Description
Marina priced right

For a serious ,prospective buyer searching for an excellent,profitable business, this 42 slip marina, reputable restaurant, grocery and convenience store with a highly profitable gas business (both on and off the water ) may provide the absolutely perfect opportunity-- undoubtedly, one stop shopping! Located on Lake Wateree and directly across from the Lake Wateree State Park in South Carolina and strategically situated between Charlotte and Columbia (1 hour each way ), this business provides year round service to customers and is open 7 days a week due to the high sales volume. Gross revenue is $850,000; this is the only inclusive store on this side of the lake and the sole restaurant open 7 days a week for 361 days a year on the lake. Also, contributing factors to the revenue generated are the gas station ( high profit margin ), the only restaurant with a bar and live entertainment as well as the only water recreation rentals on this side of Lake Wateree. Additionally, a small liquor store is also located on the premises and included in the sale. An estimated $100,000 in gas and merchandise inventory is included in the purchase price of $1.9 million.
Established in 1964, the current owner is in the 5th year of operation with plans to retire. Known for delicious food, a friendly, casual atmosphere and live entertainment
,this business opportunity is situated in a scenic location of 3 waterfront acres and has buildings totaling 2,800 square feet. Having indoor and outdoor seating lakeside, the restaurant's menu offers its customers a great variety of short order grill items with a full bar inside and a beer bar on the deck which provides a very social, friendly atmosphere. Daily, monthly and yearly rentals are conveniently offered for the boat slips; also offered for water recreation are a pontoon boat, canoe, paddle boats and paddle boards as well as kayak rental equipment. Not only is this a profitable, turn-key operation, but it also includes inventory that will see the future owner through to the end of the year(perishables--exception)!
Partial owner financing may be available; this is dependent on the selling price. In terms of consulting and training for a new owner, this can be negotiated, as needed. Keeping the business in a successful mode is vitally important to the seller and will offer support to ensure that that success continues. Important to note is this business can easily be expanded by offering additional equipment rentals. Also, the state park is currently increasing its campsite capacity by 55 units; this is scheduled to be completed by 2019. Another highly marketable opportunity with this business is a beautiful wedding venue and taking full advantage of the lovely lakeside country.
Options abound in this operation ----- $1.9 million for land, buildings, business operations and a plethora of growth and expansion opportunities. Inquire about this charming, southern lakeside business today!
Ad #103448
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Contact This Seller
Jim Baker
Matchmaker Business Inc.
3216132393
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