South Shore LI Waterfront Full-Service Marine Business and Dealership

Suffolk County, NY

Seller Financing Available

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Asking Price:$3,500,000
EBITDA:$400,000
Established Year:2007
Inventory:$1,400,000
FF&E:$900,000
BUSINESS DESCRIPTION

Moxie is proud to exclusively represent the sale of a solid, well rounded, and trusted family-owned boat storage and boat service facility for over 34 years.Full Service Marine Business with Boat Slips for wet and dry storage. Located on the waterfront on the South Shore of Long Island. The sale is for the property and 2 businesses housed on the property. The businesses includes a full service marine repair and supplies business and wholesale/commercial boat dealership. They are the only Volvo Penta and Tohatsu dealer in the greater Long Island area. Property is approximately .38 acres and is zoned E-industrial. Super low taxes est. $9004 yearly. A new 2,700 sf $1.7 m building was constructed on the property in 2017 which houses equipment, inventory and office/retail space. New 120' Bulkhead, ramps and docks. The waterfront can dock up to 20 boats, 10 or more boats on land storage. Marine mechanics and shops from all over Long Island utilize the tremendous amount of inventory housed at this location both retail and wholesale. Don't miss this great opportunity to purchase a fully functioning marine business with property on the beautiful waterfront of Long Island. Sale includes over $1.4m in new inventory and $900k in equipment. Serious inquiries only. Proof of Funds required.


DETAILED INFORMATION
Location
Suffolk County, NY
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,700
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
yes Owner willing to stay on as consultant for smooth transition and introductions to clients
Reason for Selling
Retirement/Health
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Darlene
Ragone
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Darlene Ragone