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CONFIDENTIAL New York Full Service Marina Westport Marina on Lake Champlain Turn Key Business Full Service Marina Restaurant and Bar Entertainment Venue Storage Facility Off Site Offering Price: $2,900,000

New York Full Service Marina - LoopNet › d2 › d6cCBBHdWGpct7vPQ81yo_XxHJ… · Westport Marina -- Where Lake Champlain meets the Adirondack Mountains. Full service marina, restaurant

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Page 1: New York Full Service Marina - LoopNet › d2 › d6cCBBHdWGpct7vPQ81yo_XxHJ… · Westport Marina -- Where Lake Champlain meets the Adirondack Mountains. Full service marina, restaurant

CONFIDENTIALNew York Full Service Marina

Westport Marina on Lake ChamplainTurn Key Business

Full Service Marina Restaurant and Bar

Entertainment Venue

Storage Facility Off Site

Offering Price:

$2,900,000

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At National Golf and Marina Properties Group, we specialize in the marketing of Golf Courses & Marina Properties of all types, both nationally & internationally.

National Golf and Marina Properties Group was founded by Eddy A. Dingman. Eddy is a business and real estate broker who is recognized for his years of experience, professionalism and integrity. Our group was formed to provide specialization for sellers, buyers and investors of the Marine and Marina enterprise.

Our objective as a team is to serve our clients with the utmost integrity and professionalism in the sale or purchase of a golf course or marina property. Our team has an active participation in the Marina industry associations with many affiliations. We offer distinctive capabilities and in-depth expertise in golf course and marina properties with superior customer service.

Our dedication to service is exemplified by our client relationships and commitment to ensure all details are planned and managed in a proficient and timely manner. We fully protect your confidential interest. Our internal controls ensure strict privacy in all of our engagements, from initial contact to the final handshake.

Member:National Association of RealtorsAssociation of Marina Industries (AMI)International Marina Institute (IMI)Wisconsin Marina Association (WMA)Great Lakes BoatingMarine Industries Association of South Florida (MIASF)

Education:MBA, Business Management, University of MichiganBS, Finance, Western Michigan UniversityLicensed Real Estate BrokerLicensed Business BrokerUSN (United States Navy)

EDDY A. DINGMAN, CNSLicensed Real Estate/Business BrokerDirect: 847-987-6626eFax: 781-810-9653eddy@nationalgolfandmarina.comwww.nationalgolfandmarina.com

National Marina Group OfficesMidwest Corporate: Chicago, IllinoisGulf Coast: Tampa, Orlando & Boynton Beach, Florida

A B O U T U S

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T A B L E O F C O N T E N T S

SECTION 1PROPERTY OVERVIEW

ABOUT LAKE CHAMPLAIN

SECTION IIMAPS, AERIAL, SURVEY

PHOTOGRAPHS

SECTION IIIREPAIR SERVICES

SECTION IVSERVICE OF BUSINESS

SECTION VBOAT RENTALS

SECTION VIOUTDOOR INVENTORY

SECTION VIIEQUIPMENT LIST

SECTION VIIIFURNITURE LIST

SECTION IXTHE GALLEY OVERVIEW

THE GALLEY MENUTHE GALLEY INVENTORY

SECTION XENTERTAINEMENT VENUE

SECTION XIQ&A

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Property Overview& Descript ion

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A B O U TWestport Marina -- Where Lake Champlain meets the Adirondack Mountains

Full service marina, restaurant and bar located on idyllic Lake Champlain. Offering seasonal andtransient dockage, lakeside dining, boat and kayak rentals,, full service and repairs, diesel and more.Also offering a unique Ship’s Store & Boutique features clothing, toys, books, tableware, jewelry,gifts, and marine supplies. The Galley Restaurant creates a relaxing, memorable lakeside diningexperience--all at the marina.

O F F E R I N G P R I C E : $ 2 , 9 0 0 , 0 0 0

Financing Available for Qualified Buyers

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P R O P E R T Y D E S C R I P T I O N

Lake Champlain is one of the larger fresh water lakes in the U.S. Canals connect Hudson River, Erie Canal, Great Lakes and Montreal. The Lake is 132 miles long and 12 miles across the widest portion. Average surface height is 96’ above sea level. Just north of Westport at Split Rock, it is approximately 400’ deep (one of the deepest in North America). Westport Marina on Lake Champlain offering the following:

• Seasonal & Transient Docks• Service / Repair• Ship Store & Boutique• Live Cameras and Lake Data

• Diesel• Boat Rentals• The Galley Restaurant & Bar• Live Webcams

Marina Services Include:

• Full-Time, Trained Dock Hands• Gas• Diesel• Propane Refills• Pump-Out Service• Full Repair Service and Parts• Laundry Facilities• Shower/Bath House

Ship Store and Boutique:

• Dock Information & Registration• Ice, Soda, Water, Snacks• Laundry Tokens• Rope, Batteries, Marine Supplies• Books for All Ages• Tableware• Clothing, Jewelry• Local Wares

Additional Services Include:

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P R O P E R T Y D E S C R I P T I O N

Seasonal, Transient Docks, ServiceShip's Store & Boutique

Docks & Service: Gas 91 Octane, non-Ethanol; Diesel; Dockside electricity, water, free Wi-Fi, Showers, Pump out, Laundry Supplies, Gifts, Ice, Propane fills, Pet friendly, Do-it-yourself BBQ area. Walk to Groceries, Supplies, Restaurants, AMTRAK. Swim Beach

The Galley Restaurant and Bar: Memorable Lakeside Dining. Closes in September for the season and re-opens in May. Air conditioned; Pet friendly on deck. Live entertainment.

Full Repair Service: Gas, Diesel, Masts, Hull, Inflatables, Air Conditioning, Generators, Yanmar, Volvo Penta, Aquadrive, Cummins, Westerbeke, KohlerUniversal Diesel, Power Thrusters

Labor Day Lobsterfest: A annual tradition. The 52nd annual Lobsterfest will be held September 1-2, 2018

Boat Slips General Information:

• Approximately 55 summer contract wet slips

• Permitted 83 slips

• Winter Storage is around 55-60

• Winterizations is around 100 total

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A B O U T L A K E C H A M P L A I N

Lake Champlain is approximately 490 square miles in area and the lake is 107 miles long and 14 miles across at its widest point, and has a maximum depth of approximately 400 feet. Lake Champlain contains roughly 80 islands, three of which comprise four entire Vermont towns (most of Grand Isle County).

The New York portion of the Champlain Valley includes the eastern portions of Clinton County and Essex County. Most of this area is part of the Adirondack Park. There are recreational opportunities in the park and along the relatively undeveloped coastline of Lake Champlain. The cities of Plattsburgh, new York and Burlington, Vermont are on the lake's western and eastern shores, respectively, and the village of Ticonderoga, New York is in the region's southern part. The Quebec portion is in the regional county municipalities of Le Haut-Richelieu and Brome-Missquoi. There are a number of islands in the lake; the largest include Grand Isle, Isle La Motte, and North Hero, all part of Grand Isle County, Vermont.

CLICK HERE TO VIEW MORE ABOUTLAKE CHAMPLAIN REGION

Lake Champlain is a natural freshwater lake, mainly within the borders of the United States (in the states of Vermont and New York) but partially situated across the Canada-U.S. border, in the Canadian province of Quebec.

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Maps, Aerials , Surveys& Photographs

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L O C A T I O N M A P S

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L O C A T I O N A E R I A L S

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L O C A T I O N A E R I A L S

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S U R V E Y

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S U R V E Y

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P H O T O G R A P H S

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P H O T O G R A P H S

2.Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta, Marine Air3.Winter storage and winterization for boats stored off premises

2.Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta, Marine Air3.Winter storage and winterization for boats stored off premises

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P H O T O G R A P H S

2.Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta, Marine Air3.Winter storage and winterization for boats stored off premises

2.Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta, Marine Air3.Winter storage and winterization for boats stored off premises

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P H O T O G R A P H S

2.Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta, Marine Air3.Winter storage and winterization for boats stored off premises

2.Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta, Marine Air3.Winter storage and winterization for boats stored off premises

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P H O T O G R A P H S

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P H O T O G R A P H S

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P H O T O G R A P H S

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Galley Crew on morning of Lobsterfest celebration

P H O T O G R A P H S

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Ful l RepairServices

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F U L L R E P A I R S E R V I C E SGas, Diesel, Masts, Hull, Inflatables, Air Conditioning, Generators, Yanmar, Volvo Penta, Aquadrive, Cummins, Westerbeke, Kohler, Universal Diesel, Power Thrusters

Cummins Generators LP and DieselNew York, Vermont, AdirondacksMarine, RV, Residential, CommercialFactory trained and authorized sales, full service

Yanmar Marine Gold Level DealerSA-D certified and Electronic Diesel(8LV, LY & BY)Factory trained and authorized sales, full service

Volvo PentaDrives & EnginesEVC CertifiedSales, Service

Mercury® MerCruiser®Engines and drive systems

WesterbekeGenerators, EnginesFactory trained and authorized sales, full service

Universal Marine PowerFactory trained and authorized sales, full service

Marine Air ConditioningFactory trained and authorized sales, full service

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F U L L R E P A I R S E R V I C E S

Bow Thrusters by Side-PowerFactory trained, authorized sales, full service

KOHLERMarine GeneratorsFactory trained, authorized sales, full service

Zodiac, Avon, Bombard InflatablesFactory trained service & repair

Aquadrive Transmission SystemsFactory trained and authorized sales, full service

25 Ton Open LiftGel-coat; Hull Repairs

All Season ShopFull Engine & Hull Repair

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Product / Service ofBusiness

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S E R V I C E O F B U S I N E S S

2017-2018 profit centers:

1. Boat repairs-engine, hull, inflatable boat repairs, propellers, transmissions,outboard motors, canvas and sail work is outsourced

2. Featured marina brands or repair: Cummins Onan, Kohler, Yanmar, Volvo Penta,Marine Air

3. Winter storage and winterization for boats stored off premises4. Transient boat dockage5. Seasonal "home fleet" dockage6. The Galley Restaurant and Bar. Entertainment. Free Wi-Fi7. Large boat charters. Now contracted with Basin Harbor Club, 3 miles across the lake

in VT. MV Escape, 42-passenger vessel. Two or three lake cruises per season.8. Small boat charters. Full and half-day boat rentals, kayak rentals9. Large and small boat brokerage. No inventory currently purchased by marina.

Individual boat customers may list their boat for sale. If marina assists in the sale, asmall percentage is paid

10. Marine supplies and parts are either in stock or can be ordered. Store is one-of-a-kind with an assortment of clothing, shoes, books, toys, tableware, jewelry, andmore.

11. Cummins Power Supply. Sales and service of generators for home, business, motorhomes and marine use

12. Events: Annual Westport Regatta (15) in August. Annual Lobsterfest (51) on Sundayof Labor Day Weekend

Past marina ventures: Tour boats, Zodiac inflatable boat sales and Johnson outboards, car rentals, Shipstore.com. Service station with gas, tires, repairs.

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S E R V I C E A R E A S O F B U S I N E S S

Westport Marina Market TerritoryTransient boatersMontreal (and environs) to Albany, NY, area, and boaters along the Champlain Canal Lake Champlain is on a federal waterway, thus "Loopers" come to the marina.

Seasonal boatersWithin 150-mile radius in NY and VT, including Lake Placid, and Addison County, VT Saratoga Springs & Capital District of NY.A few Canadians

The Galley Restaurant and BarBoaters from aboveBurlington, St. Albans, Middlebury, Basin Harbor, VT, boaters along the VT shore of Lake Champlain, Plattsburgh to Crown Point, boaters along the NY shore of the lake.

Local customers coming by car, from Westport, Elizabethtown, Lewis, Essex,Willsboro, Port Henry, Crown Point, Schroon Lake, Ticonderoga, Plattsburgh, Peru, Keeseville, Lake Placid, Saranal Lake, and Ausable Falls.

People driving from NYC to or from Montreal who do a restaurant search online and find us. The lake is a big draw.

People driving through who see local sign on Main Street. Camp Counselors looking for bar and music on Saturday night off, families, couples, etc.

StoreAll of the aboveSome discover store by chance, for others the store is a destination.

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S E R V I C E O F B U S I N E S S

Current Owner Responsibilities:

President: Head mechanic and organizer of boat yard, determines and orders parts, boat & motor repairs, floating docks and tire breakwater placement and maintenance, supervises other mechanics, boat yard workers, trains dock hands, oversees general buildings and grounds maintenance, contacting contractors for repairs as needed. Grill chef outdoors on Saturday nights, organizes yard set up for Lobsterfest (Sunday before Labor Day), parboil, grill chicken, boil lobsters. Organizes winter storage work and boat placements. Sells and services Cummins-Onan generators in upstate NY and eastern Vermont.

Owner 1 maintains, trouble shoots, purchases computer and camera technology as needed. Serves as General Manager of The Galley Restaurant and Bar, including menu development for food and bar, point-of-sale computers, trains and supervises front of the house staff, works with and supervises head cook and bartenders. Is prepared to assist staff or be host or bartender if needed. Promotes the restaurant on the social media. Writes customer letters or contracts as requested by president.

Owner 2 is semi-retired. Prepares payroll data for ADP payroll service and social services as needed. Calculates and submits sales tax. Prepares data for disability insurance. Updates general marina pages on WestportMarina.com.

Owner 3 is semi-retired. Monitors bank accounts and pay bills. Shares post office duties and bank deposits. Prepares documents for accountants. Creates ads and does marketing for marina dockage and repairs, and Ship's Store & Boutique, Cummins Onan generator sales and service, and The Galley Restaurant & Bar in two regional community papers, Facebook and Instagram. Networks with businesses and chambers of commerce in Westport, in the Champlain Valley, and Lake Placid. Provides artwork for The Galley's walls. Designs event shirts. Organizes the annual sail regatta.

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S E R V I C E O F B U S I N E S S

•statements from

Owner 4 is the spouse of the President, not an owner but plays a major role. She is the buyer and manager of the Ship's Store & Boutique. She maintains accurate inventory of marine supplies and all other store items. Sets prices. Goes to trade shows to buy for the store. She and the president go to marine trade shows and the Montreal Boat Show to promote the marina. She manages summer employees in the store and on the docks. (Dock hands also clean and rake the yard). Owner 4 also works with the president to translate completed work from work orders onto invoices to customers. She sends out monthly statements and files paid invoices and statements from suppliers.

She is primary greeter to boaters when they register and communicator and assistant to store customers. When reservations are made for transient dockage, boat tours, and the Lobsterfest, she and her store crew receive them. She manages the dock plan for transient boaters and day dockers.

All Owners seldom have formal meetings all together, but regularly consult with each other for ideas, plans, information sharing, and feedback as needed. Communication flows informally both in person and by email.

•and statements from

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Boat Rentals

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B O A T R E N T A L S

Rent up to a 20' boat. June thru August. Cruise, water ski, board or tube. Kayak rental equipment available.

Examples of Boats in Rental Fleet20 ft LARSON, 200 Hp CUDDY Bowrider. seats 10

20' STINGRAY, CUDDY CABIN, 175 HP, I/O,seats 5, capacity 8

20' FOUR WINNS BOW RIDER 125 HPOutboard; seats 8. Tubing and boarding.

20' BOSTON WHALER Outrage 225 HPOutboard seats 6+. Tubing and boarding14' Aluminum open skiff 9.9 HPFishing. Seats 4 & gear, max 5The only boat available for fishing.

Kayaks, single and doubleBoats for day use only on Lake ChamplainMust return each night by 5 PM.Trailered boats not offered.

Requirements:• All operators must be age 25+ and experienced in

similar boat.• No alcohol by operator before or during operation.• Charterers provide a credit card security

deposit and should have liability insurance,such as a home or boat owner policy that includes planned activities, such as water skiing.

• Cancellations with less than 48 hours notice, except for bad weather at our discretion, may be charged.

• Terms of rental may change without notice.

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Outdoor Inventory

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O U T D O O R I N V E N T O R Y

•statements from

Beginning on Northside of Marina, across road loop to edge of the hill road—all Washington Street:

• 4 dockside flower boxes• 2 BBQ grills on posts• 1 large, tall light (formerly a CITGO sign)• Wood deck and BBQ bar for boaters to put their BBQ’s on. No grilling allowed on

boats• 1 lift put and 25-ton open-end travel lift• 4 planter boxes 40” high, 2x3 space for flowers• 1 20-yard trash compactor that marina owns• 1 8-yard recycle container. Marina pays monthly fee to Casella Waste Management• 1 basketball hoop stand• 1 6000-gallon gas and 2000-gallon diesel above ground combined tank with dyke and

roof

Bath House• Men’s and women’s side each include:• 3 toilets• 3 sinks in common counter• 3 mirrors• 3 showers with dressing cubicles• Assorted rakes and shovels kept in attached closed to men’s room

Laundry Room• Attached to women’s side of bath house. Tokens operate washer (dryer no tokens).

Tokens may be purchased in the store.• 2 washers• 2 dryers• 1 deep sink• 1 table for folding clothes• 1 chair• Assorted cleaning supplies• Long garden hose

Port-a-Potty Dump Station• Located behind laundry room

•and statements from

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O U T D O O R I N V E N T O R Y

•statements from

“Bottle Shed”• Beer bottles are stored and sorted here• Propane filling station 250-gallon tank. Marine does not own• Scales• Fence surrounds tank

Charcoal BBQ Grill• Fashioned from half oil tank, with racks. Galley uses BBQ on the weekend (another

tank is kept at WSS storage and used to boil lobsters)• 1 12’ enamel tables with “woven” appearance on top. Used for serving tables

Deck• Enclosed by ropes and posts• 4 potted plants on deck• System of lights on deck

Awning• Over portion of deck. Otter Creek Awnings installs, removes and cleans awning.

Toddler Playhouse with Slide• For use by customer’s children on adjacent beach

The Galley Restaurant and Bar• Has seating for 50 on deck and 50 in air-conditioned dining room the past several

years. Total capacity is 150 indoors & outdoors. See Galley inventory for umbrellas, tables, chairs.

• POS computer on deck wall• Enamel table

Kayaks for Rent• Lined up on the beach• Life vests, paddles in showroom

•and statements from

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O U T D O O R I N V E N T O R Y

•statements from

Front of MarinaThe lakeside entrance to the marina store is up a few steps, with large planter flower boxes on either side:• On the porch is a long wooden bench• Two wooden chairs

Facing the lake to the left and up a few steps from service dock (with orange stripe at water’s edge) are:• One gas pump with two hoses• One diesel pump with one hose

One dock attached to planter’s wall are equipped for:• Pump out• Portable water

A firehose, axe and fire extinguisher are accessible by building front and back

Fuel Tanks• Fuel tanks are above ground at the marina and one is a 6000-gallon gas tank and the

other is a 2000-gallon diesel tank and they are separated by a baffle.

• Steel containment dyke surrounds the tank with a tin roof.

• Underground tanks were removed in 1996. Cleaned and disposed of correctly with DEC watching operation. New system was installed.

• Marina is inspected every 2-3 years on all fuel storage systems, heating oil included.

• All tanks comply with state and federal laws.

• Marina owner has an inspection record of monthly inspections.

• Letter or certificate of cleaning the old tank site should be available with the DEC.

•and statements from

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Equipment List

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E Q U I P M E N T L I S T

• 60,000# shop press

• Floor Stand Drill Press

• 14" Wood Band saw

• Bench Grinder /wire wheel

• Plasma Cutter

• Miller Welder

• Built -Air Compressor Large Shop air pipe through out shop

• Built in 26 bank battery charger

• CMF Hydraulic Trailer 18,000# yard rating. 13,000# highway. For sailboats

• 25 Ton Open end Acme Hoist 4 independent winches.

• Edson Dual diaphragm pump out machine 25g/min

• Assorted OMC, Volvo Penta, Mercruiser, Yanmar, Cummins special tools

• Other special tools collected over 35 years

• Dewalt reciprocating saw

• Gel Coat peeling grinder

• Pitman pole cat Boom Truck 1969

• Engine stand 700lb rating

• Engine stand 1200lb rating

• Outdrive yard dolly

• 3 outdrive shop stand

• 3' chain bolt cutter

• 4' chain bolt cutter

• Prop puller

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E Q U I P M E N T L I S T

• Various cabinets

• Assorted dollies

• Jacks

• 250+ air hose

• 20' Shamrock pilot house work boat Engine rebuild 2017

• Assorted service manuals

• Central dust collection system in shop

• 4000psi Dewalt power washer

• VP2000 diagnostic tool

• various large electric heaters

• Halogen lights

• 3 ton chainfall extra long chain

• Milwaukee polisher buffer

• Makita belt sander

• Milwaukee angle drill 3/8"

• Makita grinder 15amp

• 7 1/4 circular saw

• 2 1-ton I beam trollies

• Jig saw

• Various screw bins

• Number of yard trailers non hydraulic tandem and single axle

• 2 Large storage "Cover It shelter " frames. Need new covers

• Jack stands power boat assorted heights

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E Q U I P M E N T L I S T

• Jack stands sailboat.

• A few Yard cradles for sailboats

• Ultra sonic Carb cleaner

• Indoor Outboard test tank.

• Dehumidifier

• Up right A/C units for store (2)

• Micro fiche reader for parts.

• Pedestal Fans

• Shrink wrap heating gun

• 20kw Onan generator (for restaurant & critical Store & office circuits)

• High btu Propane Heater portable

• Bench vises

• Extension cords and boat power cords.

• 1 multi fastener shop display $5000 at time of purchase 15 years ago or more

• Garden Carts for customers

• Step ladders 10',8', (2- 6'

• Service Manuals for Johnson outboards, OMC, Volvo Penta gas & diesel,

• Cummins, Mercruiser, Mercury outboard, Westerbeke propulsion and

generators, Yanmar, Onan, Marine Air, Kohler, and other systems

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Furniture List

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F U R N I T U R E L I S T

Upstairs Main Office• Two file cabinets with four drawers, 2’ wide• One metal desk with four drawers on the left, center. Large open space on the right• One wood computer stand• One card table with color printer/copier• One desk with five drawers and a lamp. Computer and monitor• One small two-drawer file cabinet• Tall four-drawer file cabinet, 4’ wide• One old brown coach• Two chairs• Backup power source that beeps and maintains power during failure• Wastebasket• Upright vacuum cleaner• Small narrow bookcase• Two water heaters, one or two small plug-in electric heaters• One small table for tea kettle• One coffee maker• One tall basket for recyclables• One L-shaped five-drawer desk with computer and lamp• One desk with two smaller drawers and two large spaces under drawers• Two desk chairs• Two wastebaskets• One short file cabinet, two drawers• One 4’ cupboard with six shelves• One storage unit for holding paper with 12 spaces• Nine wall shelves• One 2-door cupboard with printer/copier on top• One floor drop safe with fax machine on top• Two wall file paper holders with seven slots

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F U R N I T U R E L I S T

North Office• One 6-foot table with printer/copiers• One shelf for computer• One closet 2.5’ wide• One L-shaped wood desk with four drawers and one matching 3-foot high and wide

two-drawer filing cabinet• Six wall shelves• One wall heater• One or two chairs• One wastebasket• One aluminum folding table• Three telephones upstairs with system connected throughout the building

Store Furniture• Front desk with two computer keyboards and monitors• Cash drawer• Several shelves• Glass covered cupboard for candy and snack sales• Two stools• Floor mats• Portable air conditioner and portable heater• Back counter with shelves below and cupboards above, rack with ribbons for wrapping• Recycle bin, can and bottle bin, trash barrel• Display wall with hardware• Bins for parts and hardware• In ceiling, lighting system with several switches for complete display• Display rack with multiple shelves

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F U R N I T U R E L I S T

Ice Room• One ice making machine• Two ice freezers, one for cubes and one for blocks• Pepsi cooler plus smaller cooler for large bottles of water• Small refrigerator for worms• Rack for sandpaper sales• Glassed cupboard, locked. Displays electronics and binoculars

Parts Room• Microfiche reader• Three drawer file cabinet• Parts, shelves, bins• Spiral staircase to second floor parts and bins• Stool• All parts catalogs, microfiche• Printer ( prints from personal laptop)(Detailed inventory updated each March and entered in computer)

Main Store Area• Two 12-foot gondolas for merchandise, with shelves and drawers on both sides• One 9-foot gondola for merchandise on both sides and on top• One mannequin for clothing• One portable air conditioner• Display rack for mats or rugs• Round plexiglass display with spotlights above• Four wooden barrels for display purposes• Two clothing freestanding, five shelves• Three multi-shelved display racks of various sizes• Walls all have slats and hooks with glass shelves, adjustable for display• Storage closet has four wide metal shelves with six levels, small step ladder• Triangular window display for jewelry or small parts, built into wall• Six built-in drawers for charts

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F U R N I T U R E L I S T

Show Room• File cabinet• Display racks• Counter for boat/kayak rentals• Storage rack for life vests, paddles(Back of room is curtained off and accessible from Galley office)• Built-in cupboard for assorted cleaning supplies• Upright freezer where bread is stored• Wire rack shelving for chaffing dish hotel pans, air pots, etc.• Locked closet for backup liquor supply• Wall shelves

Staff Locker Room• Time Clock• Individual square lockers for 22 marina crew• Storage for toilet paper, paper towels, assorted rain gear and boots

“Private” Staff Bathroom (On corridor from store to restaurant, next to locker room)• Toilet• Sink with mirror and medicine cabinet above• Shower with glass door• Chair, with wood storage cabinet above• Full length mirror on back of door. Space used as dressing room for store customers.

Mechanical Room• Furnace• Hot water heater

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The Gal ley Restaurant & Bar

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T H E G A L L E Y R E S T A U R A N T & B A R

Dock, drop anchor, or drive on down. Join us this summer season for weekly activities, lunch, and dinner. Offering trivia night, piano and pasta night, open mic night, dance party karaoke or live music, etc.

PartnershipsThe Galley Restaurant and Bar is thrilled to be partners with:

The Depot Theatre Inc. - a a non-profit, professional theatre located in a historic, functioning 1876 train station in Westport, NY

Soundwaves - Live jazz concerts in adjacent Ballard Park, curated by Grammy winning trumpeter & Westport resident Taylor Haskins

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New England Clam Chowder$6.95

Rich and creamy with clams and potato. Served with oyster crackers. A Galley Favorite!Chef's Soup Du Jour

$6.95Scrumptious simmering or chilled selection of the day. Served with oyster crackers.

Steamers$11.95

A dozen Littleneck clams simmered in white wine, garlic & butter. Served with a toasted crostini.Mozzarella Sticks

$8.95Breaded cheese sticks served with marinara or raspberry melba sauce.

Crab Cakes$11.95

House-made with lump crab, egg, mayonnaise, mustard, green peppers, celery, parsley, lemon, a dash of heat for special flavor, and panko crumbs. Served with remoulade sauce.

Mediterranean Medley11.95

Bruschetta, roasted red pepper hummus, tabouli, lettuce, rice-stuffed grape leaves, Kalamata olives and toasted crostini.

Gyoza9.95

A second-generation family recipe! House-made deep-fried wontons filled with pork, shrimp, scallions, mushrooms, ginger & garlic. Served with Asian sesame-ginger dipping sauce.

Dee's Artisanal Cheese Board11.95

Select cheeses, sliced salami and seasonal fruit served with crackers and whole-grain mustard.Insalata Caprese

8.95Sliced mozzarella, tomato, basil with a balsamic drizzle.

Shrimp Skewers8.95

Two grilled jumbo shrimp skewers with drawn butter, lemon & lime wedges.Loaded Sriracha Fries

11.95Nicely spiced fries with nacho cheese, bacon, sour cream, topped with green onion and a sriracha drizzle.

Chicken Wings11.95

Bone-in or Boneless Buffalo-style wings. Mild, medium, hot, BBQ, or garlic-parmesan, served with celery & carrot sticks. Ranch or blue-cheese dressing.

Nachos Supreme12.95

Corn tortilla chips loaded with melted cheddar cheese, onion, green pepper, black beans, corn, tomato, jalapeño, black olives, and your choice of Texas beef or chicken.

Calamari11.95

Hand-battered fried rings & tentacles. Served with house-made lemon-garlic remoulade.

L U N C H M E N U - A p p e t i z e r s

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Signature Sandwiches

Served with French fries, sweet potato fries or onion rings. Plus the Chef’s side-of-the-day or coleslaw.Lobster Roll

$17.95Lobster claws and knuckles sautéed in seasoned butter and served with lettuce on a brioche roll. Served

with French Fries.Seared Ahi Tuna

$11.95Seared ahi with leaf lettuce and tomato, dressed with honey-ginger glaze. Served on a Kaiser roll.

Alex's Grilled$11.95

A Galley classic! Honey-roasted turkey breast, Swiss cheese, hickory bacon, red onion, Thousand Island dressing on rye bread.

Marina Turkey Club$10.95

Club sandwich with honey-roasted turkey, lettuce, tomato, and bacon.Handcrafted Veggie Burger

$9.95Garden burger patty, lettuce, and tomato. Served on a Kaiser roll with roasted red pepper remoulade

sauce. Add Cheese: 1.00California Chicken Wrap

$10.95Strips of grilled chicken breast, hickory-smoked bacon, arugula, avocado, cheddar cheese, roasted red

pepper hummus, & chipotle ranch dressing, inside a tomato tortilla.House-Breaded Haddock

$10.95Fried haddock, lettuce, tomato, onion on a Kaiser roll. Served with tartar sauce or a roasted red pepper

remoulade.Certified Angus Beef Burger

$10.95Grilled 6 ounce patty, sautéed mushrooms & onions served on a Kaiser roll or a tomato tortilla wrap. Add

Cheese: 1.00 Add Bacon: 1.00

L U N C H M E N U

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Salads

“Triple C” Chicken-Chutney-Curry$11.95

Diced chicken, granny smith apples, celery & raisins, served with a mayo-chutney-curry dressing, fresh greens, red grapes, & slivered almonds.

Caesar Salad$8.95

Classically prepared - Romaine lettuce, seasoned croutons, shaved parmesan cheese and Caesar dressing. Add Chicken, 4.95; Steak, 7.95; Ahi, 7.95; Shrimp, 6.95; or Lobster, 8.95.

Cobb Salad$11.95

Honey-roasted turkey, crispy diced bacon, sliced avocado, hard-boiled egg, grape tomatoes, and blue cheese crumbles served over a bed of garden-fresh greens.

Greek Salad$11.95

Garden-fresh greens, tomatoes, cucumbers, Kalamata olives, green pepper, red onion, Feta cheese, rice-stuffed grape leaves tossed with a Greek dressing. Add Chicken, 4.95; Steak, 7.95; Ahi, 7.95; Shrimp, 6.95;

or Lobster, 8.95.Santa Fe Salad Bowl

$13.95Blackened chicken, corn, black beans, green pepper, red onion, grape tomatoes, greens, avocado, &

cheddar cheese. Served with cilantro, chipotle dressing and lime wedges.Champlain Salad

$9.95Garden-fresh mixed greens, romaine lettuce, red onion, grape tomatoes, and blue cheese crumbles. Add

Chicken, 4.95; Steak, 7.95; Ahi, 7.95; Shrimp, 6.95; or Lobster, 8.95.

Kids' MenuIncludes your choice of: Milk, Chocolate Milk (2%), Lemonade, Root Beer, Club Soda, Gingerale, Pepsi,

Diet Pepsi, Mist TwistGrilled All-Beef Hot-Dog

$7.95Served on a bun. Plus chips and a pickle.

Grilled Cheese Sandwich$7.95

Served on your choice of Rye, Wheat, or Sourdough White. Plus chips and a pickle.Boneless Chicken Bites

$7.95Choose from Plain, BBQ, Mild, Medium, Hot, or Garlic-Parmesan sauces. Plus chips and a pickle.

Boiled Pasta$7.95

Noodles served with your choice of butter or marinara sauce.

L U N C H M E N U

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EntréesIncluded are a house salad & veggies, plus potato-of-the-day, rice pilaf or French fries. Local produce

and meats are featured when available.Chef's Steak$ Market Price

Well-aged steak, grilled to your liking and served with an ever-changing mix of sides and sauces.Chef's Nightly Pasta

$ Market PricePrepared to order with an ever-changing mix of sides and sauces.

Balsamic-Sesame Ahi Tuna$20.95

Sesame seed-encrusted ahi tuna steak with a balsamic glaze.Boston Baked Haddock

$20.95Haddock filet baked with white wine, butter, lemon, parmesan cheese, and toasted bread crumbs.

Veggie Stir-Fry$17.95

Locally sourced seasonal vegetables in a fat free toasted sesame ginger sauce over a bed of long grain wild rice.

Chicken Marsala$17.95

Sautéed chicken breast, succulent Portobello mushrooms, with Marsala wine sauce.Fish & Chips

$17.95Breaded & fried haddock served with French fries and coleslaw.

Grilled Beef Chateau$22.95

Well-aged steak, seasoned and sliced. Served with a demi-glaze sauce. Add a grilled jumbo shrimp skewer for $4.00Vegan Ravioli

$12.95Ravioli stuffed with tofu, carrots, onion, tossed in pesto and served on a bed of spinach, topped with

spiced walnuts.

D I N N E R M E N U

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Salads“Triple C” Chicken-Chutney-Curry

$11.95Diced chicken, granny smith apples, celery & raisins, served with a mayo-chutney-curry dressing,

fresh greens, red grapes, & slivered almonds.Caesar Salad

$8.95Classically prepared - Romaine lettuce, seasoned croutons, shaved parmesan cheese and Caesar

dressing. Add Chicken, 4.95; Steak, 7.95; Ahi, 7.95; Shrimp, 6.95; or Lobster, 8.95.Cobb Salad

$11.95Honey-roasted turkey, crispy diced bacon, sliced avocado, hard-boiled egg, grape tomatoes, and blue

cheese crumbles served over a bed of garden-fresh greens.Greek Salad

$11.95Garden-fresh greens, tomatoes, cucumbers, Kalamata olives, green pepper, red onion, Feta cheese,

rice-stuffed grape leaves tossed with a Greek dressing. Add Chicken, 4.95; Steak, 7.95; Ahi, 7.95; Shrimp, 6.95; or Lobster, 8.95.

Kids' MenuIncludes your choice of: Milk, Chocolate Milk (2%), Lemonade, Root Beer, Club Soda,

Gingerale, Pepsi, Diet Pepsi, Mist TwistGrilled All-Beef Hot-Dog

$7.95Served on a bun. Plus chips and a pickle.

Grilled Cheese Sandwich$7.95

Served on your choice of Rye, Wheat, or Sourdough White. Plus chips and a pickle.Boneless Chicken Bites

$7.95Choose from Plain, BBQ, Mild, Medium, Hot, or Garlic-Parmesan sauces. Plus chips and a pickle.

Boiled Pasta$7.95

Noodles served with your choice of butter or marinara sauce

D I N N E R M E N U

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B E E R & W I N E

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B E E R & W I N E

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B E E R & W I N E

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B E E R & W I N E

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B E E R & W I N E

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The Gal leyInventory

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I N V E N T O R Y

Equipment Inventory• Bain-marie 3’ for cooks prep• Bain-marie 6’ for salads/sandwiches (New in 2013)• Beverage Air counter top cooler for sauces• Blender• Coffee hot-water brewer• Drop safe in office• Extension cord• File cabinet, built-in, 4 large drawers, 3 small• Freezer 6’• Freezer for ice cream, glass top, serves 8 flavors and stores more (New in 2013)• Fryers – freestanding on wheels (New in 2013)• Garland propane stove, 6 burners, 2 ovens, flat top grill & broiler, hood and ansul

system• Ice cube maker• Indoor chairs• Indoor wood tables 3 long, 11 square 4-top, total seating 69• Laminating machine• Meat slicer• 2 Microwaves• Oak dining room table serves as desk (4-6 chairs)• Outdoor chairs, white tube frames, blue slings• Outdoor glass tables, 9 square 4-tops, 6 round 2-tops, total seating 63• Outdoor glass tables, round, seats 6• Pepsi bag-in-a-box soda server system in bar• Pepsi counter-top refrigerator for cans• Pepsi glass front refrigerator 6’• Phone system, intercom• POS computer on deck, no drawer, credit card capable (New in 2013)• 2 POS computers, cash drawers, credit card capable

All Inventory details are representative of trends from past years.

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I N V E N T O R Y

Equipment Inventory• 3 Security cameras• Shelving, 6’ x 5’ for dish and glassware storage• Shelving, miscellaneous• Sirius radio• Sound system: Samson servo 200, scm 262, stereo mixer, indoor and outdoor

speakers• Stainless steel sink for defrosting meats/fish or washing vegetables• 2 Stainless steel sinks, small for handwashing• Stainless steel sink, 3 bar sinks, 1 for cold plate• Stainless steel sink, 3 bay• Storage closet for red wine• 4-slice toaster• 4 umbrellas, bases• Under counter freezer• Under counter Jet Tech F-18 XX dishwasher/sanitizer• 3 under counter refrigerator units• Upright freezer 5’ 4” (New in 2013)• Walk-in beer cooler• Walk-in cooler• Walk-in freezer• 7 draft beer lines

All Inventory details are representative of trends from past years.

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I N V E N T O R Y

Item (Dry Storage) Amount in Stock

Soup Bowls 29

Crocs/Boats 5

House Salad Bowls 28

FOH App Plates 11

French Onion Soup Croc 8

Salad/Pasta Bowls 10

Rectangle Appetizer Plates 30

Big Oval Plates 23

Regular Circle Plates 66

Wine Glasses 23

Martini Glasses 9

Collins Glasses 12

Rocks Glasses 15

Flight Mason Jars 24

Pint Glasses 40

Pebbled Cups 60

Wide Mouth Mason Jars 32

Small Mouth Mason Jars 12

Coffee Cups 12

All Inventory details are representative of trends from past years.

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I N V E N T O R Y – D R Y S T O R A G E

Item (Dry Storage) Amount in Stock

Case Amount

Case Price On Hand Price

Fettuccini 2 4 per case $31.33 $15.67

Tempura 2 6 per case $57.90 $19.30

AP Breading 2 6 per case $54.21 $18.07

Rice 2 6 per case $52.73 $17.58

Crushed Ritz 7 bags 10 per case $28.74 $20.12

Croutons 6 8 per case $63.97 $47.98

Salt 8 24 per case $21.45 $7.15

Clam Chowder 1 12 per case $79.78 $6.65

Marinara 1 6 #10 $38.26 $6.38

Nacho Cheese 2 6 #10 $55.80 $18.60

Black Olives 1 1 #10 $8.93 $8.93

Salsa 2 4 per case $50.99 $25.50

Hot Sauce 1 4 per case $50.23 $12.56

BBQ 1 4 per case $49.79 $12.45

Balsamic Vinegar 2 2 $40.00 $40.00

Grape Leaves 3 6 $41.85 $20.93

16oz Plastic Cups 2 cases 12-80 ct $78.95 $157.90

Dinner Napkins 1 case 8-375 ct $43.50 $43.50

5.5 oz Cups 1 case 300 ct $47.81 $47.81

Large To-Go 1 case 8-500 ct $19.98 $19.98

2oz Cups 1 case 10-250 ct $130.56 $130.56

5.5oz Lids half case 1-150 ct $60.28 $60.28

All Inventory details are representative of trends from past years.

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I N V E N T O R Y – D R Y S T O R A G E

Item (Dry Storage) Amount in Stock

Case Amount

Case Price On Hand Price

Jumbo Straws 10 24-500 ct $105.68 $44.03

Balsamic Glaze 3 6 per case $33.89 $16.95

Pan Coating 5 6 $28.04 $23.36

Bleach 1 case 6 per case $13.64 $13.64

White Vinegar 3 4 per case $14.05 $10.54

Pot and Pan Soap 4 4 per case $43.96 $43.96

Bamboo Picks 1 case 10-100 ct $43.37 $43.37

Medium Gloves 6 10-100 ct $66.31 $39.79

Extra Large Gloves 13 10-100 ct $66.31 $86.20

TOTAL $1,173.18

All Inventory details are representative of trends from past years.

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I N V E N T O R Y - L I Q U O R

Item (Liquor) On Hand Cost Value on Hand

Imperial Whiskey 19 $8.63 $163.97

Barton Rum 10 $7.43 $74.30

Captain Morgan 9 $28.54 $256.86

Glenmore Vodka 2 $78.24 $156.48

Blue Curacao 4 $6.31 $25.24

Gin 8 $34.54 $276.32

Triple Sec 6 $48.50 $291.00

Kahlua 3 $31.59 $94.77

Malibu 2 $23.50 $47.00

Tequila 4 $24.69 $98.76

Banana Liquor 4 $8.57 $34.28

3 Olives Pink Grapefruit 3 $24.60 $73.80

3 Olives Cucumber-Lime 3 $24.60 $73.80

Karaken 2 $26.10 $52.20

Southern Comfort 1 $29.68 $29.68

Absolut 1 $31.75 $31.75

Goslings 2 $21.69 $43.38

Stoli 5 $32.99 $164.95

Vanilla Stoli 1 $32.99 $32.99

Raspberry Stoli 2 $32.99 $65.98

Rumchata 1 $26.29 $26.29

Hendrix 2 $44.59 $89.18

Titos 2 $27.94 $55.88

Dewars 1 $35.98 $35.93All Inventory details are representative of

trends from past years.

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I N V E N T O R Y - L I Q U O R

Item (Liquor) On Hand Cost Value on Hand

Camarena 3 $24.69 $74.07

Glenliviet 1 $6.52 $6.52

Red Label 1 $53.63 $53.63

Jim Beam 2 $20.97 $41.94

Mt Gay 1 $27.09 $27.09

Black Velvet 2 $15.29 $30.58

Sweet Vermouth 2 $11.63 $23.26

Peach Schnapps 7 $8.57 $59.99

Dragonberry Bacardi 2 $23.83 $47.66

Melon Liquor 2 $6.31 $12.62

Bacardi 3 $22.46 $67.38

Chambord 2 $32.92 $65.84

Disarono 2 $35.30 $70.60

Tanqueray 2 $34.54 $69.08

Bombay 1 $35.79 $35.79

Beefeaters 2 $29.45 $58.90

Malbec 2 $7.33 $14.66

Walnut Crest Cabernet 1 $6.50 $6.50

Pacific Bay 1 $44.00 $44.00

Coastal Ridge 1 $7.46 $7.46

Pinot Noir 1 $11.66 $11.66

Marsala Dry 5 $6.80 $34.00

143/12 = 11.92 cs 143 Inventory Value: $3,158.02

All Inventory details are representative of trends from past years.

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EntertainmentVenue

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E N T E R T A I N M E N T V E N U E

Ballard Park was once the location of The Westport Inn, one of the most gracious grand hotels of the Adirondacks and a focal point of Westport summer life. The Inn was demolished in 1967 and the property was purchased by Anne Ballard ("Petey") Cerf, a long-time summer resident. Through her visionary philanthropy Ballard Park wasestablished in 1989, named in honor of her parents.

This leased property brings concert series via the Soundwaves community. This brings North Country resident world-class musical acts in their gorgeous hometown facility, the Ballard Park pavilion, at no charge. The first season of Soundwaves was an astounding success, bringing accolades from hundreds of concert goers of all ages, who enjoyed music from Grammy-award winning artists and contemporary musical groups with a wide variety of styles. The program is free to the public.

The outdoor pavilion at Ballard Park provides a wonderful atmosphere for picnicking with family and friends while enjoying the music, view and summer weather.

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Q&ASection

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Q & A S E C T I O N

What is a regular customer?Our home fleet; Seasonal boat customers based in Westport; 44.

Our winter storage customers?We have contracts with both of these groups for service.

Transient boaters who show up most every season? From Canada Thru the Canal; From Vermont; Other New York ports; From Port Henry for the sail race

At The Galley restaurant and Bar?People who dine weekly; More than weekly; Bar customers

Covenant not to compete?There is no desire to own another marina or restaurant. Closest marina is 10 miles away.One of the current owners is willing to stay on for one or two years to help a new owner become established. During this time, he is willing to continue to allow the marina access, as is available and not required by Cummins, to the marina's generator account. When current owner would leave the marina, he would take the generator business with him.

What would an absentee owner need to pay a manager, including benefits, to run marina profitably?The answer would need to be negotiated according to what the duties were for the manager as the Owner family wears many hats. A job description would need to be developed for a new manager.

Licenses needed to run Marina?Technically, a Captain's License may not be required. However, there are instances when having one meets the letter of the law. Any nautical assistance could automatically happen, without question.

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Q & A S E C T I O N

What is the Inventory value?Store inventory will be completed at year's end. See trial balance for trend from past years. Generators are ordered as sold for installation.

Current Family Owner PerksHealth Insurance policiesOne individualOne familyVehiclesVerizon cell service for extended familyHouse charge discounts for meals, gas, and store purchases

Would request usage of two boat slips at no cost when marina is sold

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FOR ADDITIONAL INFORMATION PLEASE CONTACT:

EDDY A. DINGMAN, CNSLicensed Real Estate/Business Broker

Direct: 847-987-6626eFax: 781-810-9653

[email protected]

Paul Proano 312.860.4043

National Marina Group OfficesMidwest Corporate: Chicago, Illinois

Gulf Coast: Tampa, Orlando & Boynton Beach, Florida