One of a lifetime rare opportunity to own a 20 years established jet skis, beach chairs and umbrellas with present owner 1 year started Jan 1/2024, located on a Natinal resort property with a rent structure based on revenues percentage for that reason it is a cashless business, customers pay by phone or online, it has 4 grandfathered licenses,the town does not issue anymore licenses, Buyer will have to purchase the Corp stocks in order to keep the licenses active, location like no other on the beach. It serves the resort customers, adjacent to the resort a beach original beach bar will be rebuild with one of the licenses is on that property as well as on a long established Hotel and a restaurant all in walking distance from the main entertainment area that has been approved and constructions will begin very soon, this business has unlimited future potential in addition to the business generated by the resort , the Hotel and restaurants, the owner is so sure of the future that he is offering financing, all interested parties must show proof of funds. a balloon payment on the note will be due after 7 years. The owner will provide training and help as a new owner needs within reason.
- Asking Price:
- $3,650,000 Furniture / Fixtures included
- Sales Revenue:
- $1,560,000
- Cash Flow:
- $1,069,128
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 9,800
Square Footage: Beach front
Expiration Date: 12/31/2028
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Mon - Fri 8:00am 5:00 pm if weather permits
- Employees:
- 7
- Years established:
- 20
Other Information
- Support & training:
-
2 weeks at no cost
- Financing available:
-
Yes
- Furniture / Fixtures value:
- $500,000 - included in the asking price
