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Retail Business For Sale in Toronto, ON (Listing ID: 2695)

Retail
SOLD
More From Seller (22)
Annual Return On Equity Calculator

Annual Earnings:

$131,994

Liquid Cash Invested:

$

Borrowed Amount:

$

Interest on Borrowed Amount:

%

Very Successful, Turn Key Marina for Sale-65 Years in Business

Retail Toronto, ON

$389,000 CAD

Independent

Retail
SOLD

Very Successful, Turn Key Marina for Sale-65 Years in Business

Financing Available and an SDE (Seller's Discretionary Earnings) over 24%.
This Turn Key operation will sell fast. Quality of life business. Seasonal.

Since 1958, this Turn Key Marina has been offering a Premium line of Fishing, Pontoon and Deck Boats, and Mercury Marine Dealership, with Premier Dealer status, the only Premier Dealership in Northeastern Ontario. This location has a complete range of premium fishing, pontoon, and deck boats.

Also, for sale is property/building for $800,000. Main building 2400 sq ft (40x 60) showroom and parts room. Two work bays with 10 overhead doors, large work bench. Bright, clean shop area. Full basement with large access stairs. Secure storage area, facing highway frontage and waterfront. Steel Quonset warehouse 1000 SqFt cold storage. Boat launch at rear of property. 80% asphalt cover lot.

This location has excellent growth potential in a thriving Gold Mining area. Other potential revenue streams can be achieved in a full year operating business, Example, Snowmobiles, ATVs, Summer and Winter Rentals.

This Marina will Sell Fast!

$389,000 CAD

Toronto, ON Retail Business For Sale Details

Independent

Legal Body:

Limited Partnership

Established In:

1958

Last Year of Completed Statements

2020

Gross Revenue:

$ 538,360

Annual Earnings:

$ 131,994

Land/Building Included:

No

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

Yes

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

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