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Listed by:

Core Corporate Advisors

Broker license number: SL3280549

Marina For Sale

Nokomis, Florida, US
Asking Price:
$365,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,246,238
Cash Flow:
$125,000

Live and work in a Tropical Paradise

Escape the cold weather and high taxes up north, Live and work on the sunny Southwest Coast of Florida. Kick back and enjoy the laid back lifestyle that you have always dreamed of. If you enjoy the water and boating, you will love this business.

This is a perfect opportunity for a Father/Son or a Husband/Wife Team.

This is a rare acquisition opportunity to purchase a premier family owned and operated Marina that has been in business for 40 years and operated by the same owner the entire time. This is a turnkey opportunity with loyal customers, proven operational workflows and significant room for expansion. All systems are in place. Walk in, turn on the lights and make money on day one.

There are four income streams in this business. 1) Storage 2) Consignments 3) Used Boat Sales 4) Service Center/Maintenance work.

The crown jewel that goes with this business is a highly coveted 24-year authorized Mercury Outboard and Sterndrive Dealership license. This dealership license comes with unlimited online training, updated service manuals and plug and play software to assist with troubleshooting motor issues. The seller has two certified mechanics who will stay on after the sale of the business. Certified mechanics charge $175 an hour as opposed to a non-certified mechanic who can only charge $40-$50 an hour.

This Marina is not located directly on the water, but is only a mile and a half from the public boat launch. Unlike vulnerable waterfront properties, this property is not in a flood zone, it sits high-and-dry at 13.4 feet above sea level and had no damage from the two major hurricanes that hit the west coast of Florida in 2024. This is a huge advantage when it comes to insurance expense.

Property Information

Real Estate:

Lease

Lease Rent:
per sq ft per annum
Location:

The Business is located in Nokomis, Florida.

Premises Details:

3,400 square foot facility consisting of two offices, an employee lounge, lobby & shop for boat repairs and services. The buiding is situated on 3/4 of an acre of land. The real estate is available should a buyer be interested. Otherwise the owner will enter into a lease with a buyer.

Size in square feet:
3/4 of an Acre. Building 3,400 Sq. Ft.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Opportunities for expansion. 1) Current owner has not raised storage costs for years. 2) The Sales Manager works from home and only comes in when he gets a call from an interested buyer. He makes roughly $80,000 a year in commission. A husband and wife or father and son team could take the sales position over and the $80,000 would fall to the bottom line. 3) An owner could go into the concierge Boat Rental business, starting out small with one or two boats and expanding as needed. This could be a lucrative income stream, as there would be no monthly fee such as the large boat rental companies have. The owner would have the boat delivered to the public launch area gassed up and ready to go and pick the boat up when it is returned to the launch area. 4) The business is only open 5 days a week 10:30-4:30; no weekends and the owner is in the office 4-5 hours a day. A buyer could expand these hours and increase revenue substantially.

Competition / Market:

There is minimal competition from other marina's in the area. This Marina actually gets referrals from other marina's in the area because the other marina's don't do any sterndrive work.

Reasons for selling:

Owner retiring after 40 years

Trading hours:

10:30-4:30 Monday-Friday. Closed on weekends.

Employees:
Manager who works 4- hours a Day, PT Bookkeeper (2 days a week), PT Sales person, 2 full time certified master mechanics. Manager and Bookkeeper are w-2 employees all other employees are independent contractors.
Years established:
40

Other Information

Support & training:

Owner will work with a buyer to make for a smooth transition of the business.

Financing available:

Some owner financing possible on RE only. No financing on Business.

Furniture / Fixtures value:
$62,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price

Listed by

Core Corporate Advisors

Broker license number: SL3280549

View 3 Core Corporate Advisors listings