120 slip marina that requires only part-time involvement

Established 120 slip marina in a protected bay on Vermont’s beautiful Lake Champlain. Low capital investment requirement, very low time requirement for operation. Possibilities about for additional business opportunities at this location. We have never offered boat servicing, storefront, fuel sales, tow services, etc. Adjacent lakeside bar property is affiliated, but not included in this listing.

Developed over a 12 year period, and repositioned in 2021 – this operation has a stable income stream and established customer base with a hight retention rate. A 350 SF office plus two 3-fixture bathrooms sit on a full walk-out basement storage area to support the marina, all on 3.5 acres. No worries on the water depth, and no hassles with utilities as our utilities are present on the shore only. Town water and community septic system that is only 3 years old.

Location: Grand Isle County, VT
Inventory: Included in asking price
Real Estate: Leased Building

• SF: 480
• Lease Expiration: 11/1/2034
• Employees: 2
• Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: 3.5 acre parcel, improved with a 480 SF office/bathhouse over a full walk-out basement. Three dock trees that currently support 100 boats. Permits are in place for up to 120 boats, however this listing is for only 90 slips. The cash flow reflects 90 slips. If additional slips are sought – we can discuss the additional cost for them. We are located on the east shore in a protected bay, so weather impact is minimal. (Home Based)Competition:The competing market is water-access boat storage on northern Lake Champlain – and more specifically within only 20 minutes of our facility. All competing facilities (two only) have stabilized income, and provide different services than we do.Growth & Expansion:There exists the opportunity for additional business ventures – to include additional outdoor storage advertising, gasoline service, storefront sales, boat servicing on-site or in cooperation with local service providers.Financing:We can finance the purchase with favorable rates/terms to conventional lending.

• Support & Training: The owner can stay on-board for at least one year from transfer, in a consultant capacity. I reside just minutes from the marina and am able to be hands-on with short notice.
• Reason for Selling: The owner has built this facility over the past 12 years and looking to travel.
• Lease Expiration: 11/1/2034
• Employees: 2
• Furniture, Fixtures, & Equipment (FF&E): Included in asking price
• Home-Based: This business is Home-Based
• Business Website: https://www.keelerbay.com