Property Sub TypeOther
Is owning a marina profitable -- YES! Boating is one of the largest outdoor recreational activities in the United States and nearly 100 million people go boating each year. There are 12,000 marinas in America with over 1.1 million boat slips. Boat sales and ownership are also at an all-time high, rising over 12% with continued growth. This full service marina is conveniently located on beautiful Table Rock Lake, surrounded by the unmatched beauty of the Ozarks. Nearby attractions include, Silver Dollar City, Branson, Dogwood Canyon, Big Cedar Lodge, world class golf at Top of the Rock, Buffalo Ridge, Payne's Valley (and numerous others), Branson airport and a host of other major attractions with several new projects in the pipeline. Table Rock Lake is nationally renowned for its bass and crappie fishing and attracts many for diverse water sports as well. The marina currently offers slip leases (190+), indoor/outdoor dining in the quaint but modern floating restaurant, outstanding and well-stocked retail center, fuel dock, courtesy dock, boat rentals and more. Boat sales have also been a major part of the success of this well established marina. Plenty of paved parking also provided. Adjoins a highly sought after camping destination. With a powerful income stream being partially generated from the lease of the current 192 covered slips (with lifts possible) and the potential of expansion (with Corp of Engineers approval), you can see why this is an exceptional opportunity ready for its next chapter. Numerous capital improvements (approx. $2.3M) have taken place in the recent past which include: addition of houseboat dock, walkways, restaurant, store & fuel dock renovation, many new boat lifts along with courtesy slips and wave break. Also includes 24 x 30 storage building, 8000 gallon and 2500 gallon steel storage storages tanks. The retail center occupies 1350 square feet. The restaurant offers 3200 square feet plus 800 square feet of covered patio.