IL Chain O' Lakes Marina, Turnkey Business - Two Locations
Business Description
This Marina consists of 2 locations & has over 136 Wet Slips & approximate 40+/- Waverunner Slips with also In & Out Services for clients. Marina facility has multiple buildings for service and indoor storage for winter & summer, building space approximately 43,000'. The 2 facilities consist of over 16+ acres of land, 9+ acres is excess land good for development purposes. The Main Marina is in a No Wake Zone and has a niche with its location. Store / Office / 1-Bed/ 1-Bath Apartment fully remodeled and over looking marina. 2- Boat Launch Ramps / Multiple Restrooms & great location on the water. The Satellite marina is quaint for boaters that like to kick back. Location is also prime and includes his & hers restrooms.
NDA WITH BIO IS REQUIRED | 48 HOUR SHOWING NOTICE IS REQUIRED
THIS IS A CONFIDENTIAL LISTING, BROKER HAS A COMPLETE SALES PACKAGE WITH ALL DOCUMENTS / PICTURES & VIDEOS FOR POTENTIAL BUYERS
Sellers have a 3rd location that could be purchased for $1.5MM this location is closed but can be reopened with very little work to do. No Financials for this location, please do not ask. Broker has a Sales package for this location if of interest.
NDA WITH BIO IS REQUIRED | 48 HOUR SHOWING NOTICE IS REQUIRED
THIS IS A CONFIDENTIAL LISTING, BROKER HAS A COMPLETE SALES PACKAGE WITH ALL DOCUMENTS / PICTURES & VIDEOS FOR POTENTIAL BUYERS
Sellers have a 3rd location that could be purchased for $1.5MM this location is closed but can be reopened with very little work to do. No Financials for this location, please do not ask. Broker has a Sales package for this location if of interest.
About the Business
- Years in Operation
- 11
- Employees
- 6
- Facilities & Assets
- Multiple buildings for indoor storage & service as well as IN & Out service with boats on the trailers. All buildings numbered for size of the boats as well as the ones that use more frequently & ones that have higher demands. Parts Department / Boat Store with package liquor sales. Multiple restrooms outside for boaters. Marina has full gas facilities along with a launch ramp. A large pavilion for boaters to enjoy with family or guests.
Expansion opportunity, room to add a Tiki Bar that would do real well with sales and a limited menu for food. - Market Outlook / Competition
- The Market conditions are very strong in the Midwest an especialy on the Chain O' Lakes as boating is setting records again. This location where this Marina is located has the market all to its own. Only full service Marina in the immediate location. This facility is known for full service in a turn around time at all facits of the business. Sellers are respected all around the Chain. IF YOU NEED PARTS ? THEY HAVE THEM, IF YOU NEED GOOD SERVICE ? THEY HAVE IT !
- Opportunities for Growth
- Growth for this Marina facility is a big oportunity for buyers. Adding a new addition of Drystack for IN & OUT Services would be a game changer for this facility. Building a 4 high rack facility this would generate a large increase in year round revenues for this business.
Also the addition of Pontoon Rentals / New & Used Boat Brokerage services & Detail services. Facility has room to expand mechanic work as well as outside storage. A restaurant / Tiki Bar would do great at this location. DISCUSS OPORTUNITIES WITH BROKER.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Sellers are retiring, staying in area of Marina location will assist in transiti
- Transition Support
- Sellers will assit in transition, TBD between sellers & buyers. Staff is in place for Off Site Managment of new owners.
- Financing Options
- See Broker for Funding Sources for qualified buyers. Sellers have an assumable loan a
Listing Info
- ID
- 2016537
- Listing Views
- 3008
Listing ID: 2016537 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.
Businesses for SaleIllinois Businesses for SaleIllinois Retail Stores Businesses for SaleIllinois Marine Sales, Parts & Services Businesses for Sale
