Marina For Sale on Lake Kawagama

Price: $2,400,000

Location: Haliburton Ontario

Industry: Marina

Listing ID: EBB-MARINA

Listing Description

Mountain Trout House Marina [MTH] is a year-round full service 5 star marina on Kawagama Lake. Kawagama has approximately 1,000 properties on its shore with around 1/3 being accessible by boat only. MTH is one of only 2 marinas on the lake. Sales and service of Yamaha snowmobiles, outboards & more, Rossiter, G3 & Suncatcher boats.

Rentals of paddle boards, fishing, ski & pontoon boats. On-site store with basic sundries, ice cream & more. 5 boat storage buildings for winter storage plus other outdoor storage – currently at 320+ covered boat slips for 106 plus other open slips.

Fuel sales. Close to 900 feet fronting on the largest lake in Haliburton County. Workshop for parts & service and owner’s residence on-site. Well established and well managed/profitable! All land is owned – consists of over 23 acres. Room to expand winter storage and boat sales. Permit to replace a storage building on shore, previously approved. Share purchase. Buyer assumes floor plans.

Listing Details

Down Payment: $2,400,000

Total Sales: $1,800,000

Cash Flow: $180,000

EBITDA: $86,000

(Included in Price)

FFE: $180,000 (Included in Price)

Inventory: $530,000

Real Estate: $1,900,000 (Included in Price)

Reason For Sale:

Retirement

Training & Support:

Seller to provide transitional training and support

Operation

Year Established: 20 + years

Days & Hours of Operation: Seasonal