Business For Sale Listing #BFS-151212:
Marina & Restaurant in Key West
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (168,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (168,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
now |
| Asking Price: |
Between $2.5 Million and $5 Million (3,900,000) |
Business Summary
MARINA AND RESTAURANT IN THE FLORIDA KEYS � A sensational opportunity for an absentee investor to own a property in The Florida Keys. Both Marina & Restaurant leased on a triple net basis. The property includes four vacant lots saleable at a current market price of $300,000 each. The restaurant offers gourmet fine Italian dining in a beautifully decorated dining room or on the elegant patio overlooking the marina basin. The marina enjoys 12 deepwater slips (7' MLS at docks) and up to 60 dry slips on land. The boat launching ramp can accommodate boats up to 40'. The marina also offers bait & tackle, marine store, dive center, day/night scuba/snorkel and night diving charters. Fishing charters are also based at Cudjoe Gardens Marina. Included with the marina property is a 1,200 square foot, 2 bedroom/2 bath residence. Building code allows for additional employee units to be constructed over the existing marina building. The net income offers an attractive cap rate with many upside opportunities.
