Fishing Lodge & Charter Service, w/Real Estate

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Fishing Lodge & Charter Service, w/Real Estate
Gulf Coast, Alabama
Financials
Asking: $800,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $175,000
Inventory: $3,000
Real Estate: $900,000*
Gross: $210,744
Cash Flow: $61,292
Summary Description
Invest in this opportunity to work and live on the beautiful Gulf Coast. This is a fully
equipped and established fishing lodge and charter service located on the scenic Bon Secour
River which leads into Mobile Bay with easy access to the Gulf of Mexico. The business
includes a completely furnished 2,800 SF 4-bedroom 3-bath lodge that sleeps 14 with a fully
equipped kitchen, large dining room, game room, den and a large deck overlooking the
river. Also included are 3 center console boats, electric boat lifts, separate 1,800 SF office
and work shop, all the fishing tackle, live bait tanks, a list of captains that are the subcontract fishing guides, ice machine, golf cart, computers, web site and extensive
advertising. All of this is situated on 1.8 acres with 360 feet or prime water frontage, two
docks (one for boats and one for fish cleaning) plus a salt-water pond stocked with redfish
and speckled trout. The business averages approximately 250 charters a year, plus golf
packages. The lodge rents per night or by the week. The business is priced as an asset sale
for the real estate value with the operating business, furniture, fixtures and equipment
thrown in, and the business side does have a positive cash flow. Also available, but not in
the price is the owner's custom 3,400 SF home (4-4) with swimming pool and an additional
two lots. The total package has 3.2 acres and 8,000 SF in buildings, all of which has a value
of $1,800,000 and is listed for sale at $1,600,000 as an asset sale. The property has the
potential to be turned into a small marina.
*The real estate of this listing is represented by Lanier Chew of Sunbelt Business Brokers.
The property is dotted with live oaks, camellias, magnolias and palms. Please contact
Sunbelt Business Brokers for additional information including pictures.
General Information
Year Established: 1998
Facilities: 4,600 sq. ft. building; included in sale price
About the Sale
Financing: Seller will negotiate financing
Support/Training: Seller will provide training
Reason Selling: Starting New Business
Contact Information
William Bruce / Lanier Chew
(251) 626-4949
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