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Murphy Business & Financial Corporation - North & South Texas Region
13760 Noel Rd, Suite 325
Dallas, TX 75240
(214) 751-3900
Fax: (214) 751-3893

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Listing Details -

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Listing#: 5671 SIC: Business Type: Marine Related, Marinas

	Status	Inactive
	Listed Price	$1,900,000
	Down Payment	$475,000
	Owners Cash Flow	$-68,402
	Total Sales	$271,780

	Contact Information

	Office: 972-342-8511
	Email: Send Email To Agent

Business Description
Unique opportunity to invest and develop a lake marina in the cleanest lake in Texas. Very high side potential with a locked in no-competitors on the lake, this is the only commercial zoned property on the lake. Average house on lake is $450,000! You will not have to worry about someone coming in and buying your business. Plans are already developed for expansion.


Assets/Liabilities
Accounts Receivable		Incl.	Real Estate	$738,505	Incl. Yes
Inventory	$5,000	Incl. Yes	Liabilities		Incl.
FF&E	$403,211	Incl. Yes	Other:		Incl.
Leasehold	$264,656	Incl. Yes	Total Assets	$1,411,372


Lender Prequalified: No

Financing/Terms	Amount	Mos	Rate	Mo. Pmt.
Loan/Assumable
Loan/Seller
Other	$1,425,000	240	7	$10,777

There are no other area's on the lake which are zoned for commercial business of this type and there is not an area that could be converted.

Plans have been drawn up to expand both the entertainment, docks and add lodging to the property. the potential is outstanding to bring additional business and revenue streams on line in short order.

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