Unread 05-24-2010, 09:21 AM
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Default Tennessee Resort and Marina for sale

Posted by: pollyfuqua

Description: This is a Perfect Resort and Marina Business to Own and Operate. It is a turn key operation. The current owners have managed the business for 38 years and are ready to retire. This established resort is a dynamic business that includes a full service marina, restaurant, motel cabins, ship’s store along with other ancillary services. The resort is a first class tourist attraction in an area within a growing population. The perfect mix of seasons extends a year round beauty gives a longer life to the marina lifestyle! The Marina includes 180 covered boat slips from 20 to 70 feet in length with utilities, houseboat slip holders also have optional satellite TV, high-speed internet and telephone service and offers boat rentals. The gas dock offers a Pump-and-Pay credit card gas pump. The Marina facility, completed in 2001, includes a 90 space paved and lined parking area. The resort includes a motel with 9 rustic rooms and 5 waterfront cabins and more. The White-water Rafting facility consists of a check-in and souvenir sales room; and all the necessities and an orientation deck with plenty of room of expansion. The supply and demand for marina is evident in comparative to the boat sales over the last 8 years with limited supply of new marinas and or to construct new ones, existing ones being replaced with alternative use properties and lack of improvement funds to keep a marina competitive in today’s market. There is still a strong need for quality full-service marinas that cater to the boating lifestyle.

Price: $4250000.00

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