Drifters Marina & Grill

Asking Price$5,750,000

Cash Flow
Not Disclosed

EBITDA$406,033

Gross Revenue$1,015,884

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real EstateNot Disclosed

Drifters Marina & GrillSave

Drifters Marina & Grill


Asking Price$5,750,000

Cash Flow
Not Disclosed

EBITDA$406,033

Gross Revenue$1,015,884

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
SVN Marinas, in partnership with SVN Vanguard, proudly presents Drifters Marina & Grill. Nestled along the picturesque shores of Lake Tulloch, California, this unique business enjoys a steady influx of seasonal visitors, drawn to one of the most sought-after vacation destinations in the Sierra Nevada Foothills, conveniently located just east of Modesto and Stockton in Calaveras County.

The marina boasts 48 wet slips and 19 dry slips, offering a range of amenities, including dockside fueling, waterfront dining, a private launch, advanced security, and ample parking. The dry slips, situated in covered garage bays behind the restaurant, allow tenants to store, maintain, and launch their boats with ease.

Drifters Marina & Grill is the only supplier of marine fuel on Lake Tulloch, meeting high demand from a captive audience of boaters. The restaurant, renowned for being the only waterfront dining venue on the lake, holds an exclusive liquor license, attracting a large crowd throughout the busy season from March to September.

Included in the sale of Drifters Marina & Grill is a 2-bedroom, 1-bathroom apartment located above the restaurant, offering expansive lake views. This unique feature provides ownership with convenient on-site living or can be used as a vacation rental in this highly desirable location.
About the Business
Franchise
This business is an established franchise
Facilities & Assets
- Fee Simple
- All Inventory included with the sale
- Type 47 Liquor License (only on the lake)
- The only self-service marine fuel station
- 48 wet slips
- 19 Dry storage bay boat slips
- Opportunity to acquire an adjacent, undeveloped lot for expansion
- Advanced security systems with key card gated access.
- Private Launch exclusively for use by customers and tenants
- Waterfront Apartment included with expansive views of Lake Tulloch (2 Bedroom)
Website
https://driftersmarina.com
Market Outlook / Competition
Drifters Marina & Grill is the only waterfront dining and bar on Lake Tulloch. Additionally, it is the only self-service fuel station for Lake Tulloch and considered the "go-to" venue for the community.
Opportunities for Growth
- Opportunity to acquire an adjacent, undeveloped, lot for expansion.
- Opportunity to establish a boat rental business, a high demand business with a captive audience, which would significantly increase revenue.
- Opportunity to generate additional revenue from rental of the apartment
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
70,132
About the Sale
Seller Motivation
Relocation
Financing Options
Minimum 50% Down. Terms Negotiable
Listing Info
ID
2293200
Listing Views
1843
Business Location

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Business Listed by: David Kendall SVN Marinas

Listing ID: 2293200 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.