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Small Marina Well Protected With Restaurant & Bar For Sale

Clarkscourt Bay, Grenada
Asking Price:
$275,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$250K - $500K (USD)
Cash Flow:
$50K - $100K (USD)

This small marina business is for sale in Grenada W.I. In business since 2009, Whisper Cove Marina got 15 slips, (seasonal and year round) with electricity 110/220, water, shower, laundry, dingy dock,
7 moorings hurricane proof, maintenance workshop, storage area and mini-market. 15-20 minutes from Airport. The restaurant and bar are overlooking Clarkscourt Bay with a long term local staff already in place. The restaurant serves locals, tourists and yachts.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

In the present lease 4 years with an extension of 5 years.

Leasehold Rent:

$30,000 (USD) per annum

Living Accommodation:

We arrived by boat and we still leave on our boat at the dock. On the premises it is possible to build an apartment to leave in or to rent. There is also the possibility to leave on a boat that we own and could come with the marina

Location:

Whisper Cove Marina is located in Clarkscourt Bay on the west side of the Island.
Since 3 years Clarkscourt boat yard and North Yacht shop (shipyard) has opened, increasing the number of boaters in the area. Hogue Island with his small beach offers a very secure anchorage so very popular by the boaters. Hogue Island is at 3 minutes by dingy to Whisper Cove Marina.
3 days a week, leaving from Whisper Cove Marina, there is a shopping bus going at the supermarket, the bank and others. The system is well organized. Unlike other bays, Clarkscourt Bay doesn't have swell at the anchorage.
The transport system in Grenada work very well. Whisper Cove Marina is at 3 minutes walk to the road to catch the "taxico"

Business Operation

Expansion Potential:

All papers and authorization are done to expand the present dock and having 10 more slips.

Competition / Market:

In Clarkscourt Bay, there is three others restaurants. Whisper Cove Marina Restaurant is the only one in the bay offering an international menu and open everyday.
Whisper Cove Marina is the only one Marina in Clarkscourt Bay.

Reasons for selling:

When we arrived, we started to business Whisper Cove Marina and Meat & Meet Market both business located at Whisper Cove Marina. Meat & Meet Market is a company who do provisioning in local, certified meat and provide charter boat, boaters, restaurant and locals. Now having these two business is starting to be to much. Both business have been increase in the last past 5 years and we can see that it will increase again. We took the decision to sell Whisper Cove Marina and keep only Meat & Meet Market or sell the two business in the same time if we can find a team with a butcher and restaurant owner.

Trading hours:

Monday to Sunday with different daily opening hours
Morning shift 8:00am to 3:00pm - Night shift 3:00 to 10:00pm
Sunday : 9:00am to 4:00pm

Employees:
10
Years established:
Since 2003

Other Information

Inventory / Stock value:
$122,275 (USD) - included in the asking price
Website:
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