Awesome Scuba Diving Resort 88 Acres For Sale

Business description

88 private acres in TN foothills with 10 acre spring fed converted quarry. Land can be subdivided and core quarry with business sold for less. Assets include: 2400 Sq Ft. office, full rental inventory, Air compressor,cascade,nitrox blending station compressor trailer, 2 homes, 4 electrical poles, two wells, floating dock, bathhouse, snack bar, pool, hot tub, 2 cabins, large camping area, 3 phase power, 5420 John Deere Diesel, 2 gators. Owners currently live on property and operate this as a 6 month a year weekend business. Partners with Acquarium for Paddle fish - also stocked with Bluegill, bass, catfish. Underwater training platforms and themed areas keep divers amused. Do not currently operate year round and do not offer instruction or retail sales - would double profit, but currently owners do not like retail. Currently profitable with great growth potential.

Established - Profitable - currently great part time business - 6 months a year on weekends - Significant expansion possibilites and if you os choose, you get to live in one of the most private, beautiful settings in the world. Additional building sites on adjoining 28 acres could be easily subdivided, sold seperately and not affect the core business on 60 acres. Take all 88 or subdivide - your choice.

Turnkey - Owner financing available.

Property information

Real Estate:

Real Property Included

Living accommodation:

2 mobile homes in excellent shape. Set in private locations

Location:

Private road to 88 acres

Premises details:

1/2 cleared 1/2 wooded

Size in square feet:

88 acres

Other information

Expansion potential:

significant development potential for acreage. Could be subdivided

Planning consent:

subdivision allowed

Competition / Market:

No local competition

Support & training:

Full training - 2 weeks

Reasons for selling:

retirement

Trading hours:

Sat/Sun 9-5 April 15thThrough October 31

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

minimum $200,000 down - balance owner financing

Furniture / Fixtures value:

$700,000 (included in the asking price)

Website:

www.lochlow-minn.com