4100 Edison Lakes Pkwy., Suite 350 | Mishawaka, IN 46545Global Brokerage Division of Cressy Commercial Real Estate

LOCAL ROOTS | GLOBAL REACH www.cressy.com

Confidential Offering Memorandum

Well-Established, Locally Owned Marina

www.cressy.com

Global Brokerage Division of Cressy Commercial Real EstateLOCAL ROOTS | GLOBAL REACH

2

Executive SummaryWell-Established, Locally Owned Marina

OFFERING SUMMARY

2017 Revenue $6.3 million

2017 EBITDA $328,000

Inventory At Closing

Staff Approx. 14

Building Size: 20,475 SF

Parcel Size: 13 Acres

Year Built: 1987

Staff Approx. 14

Business Price $660,000

Real Estate Price $950,000

Reason for Sale Owner Working on Second Career

The company is a single-location strong and highly regarded boat dealer that has earned some ofthe highest recognition as a boat dealer in its local market and nationally for several years. Thecompany is not only a dealer of top of the line new and used water craft, it also has a pro-shopand a full-service department including repair, maintenance, storage, transportation,restorations, winterizations and lift installs. It has an incredible staff that is able to run alldepartments and take on even the most complicated job. Staff and management will remainintact after the sale.

The business is ideally situated in one of the top areas for boating in the country. Located on amajor highway, it provided convenient transportation access in all directions and proximity tonumerous lakes. It has its own lake access and ample real estate for both indoor and outdoorboat storage.

EXCLUSIVE ADVISORSSHAWN TODDNAI CressySenior Broker, Business Broker574.485.1520 | stodd@cressy.com

Don FischesserDFA Financial574.232.1852 | don@dfafin.com

www.cressy.com

Global Brokerage Division of Cressy Commercial Real EstateLOCAL ROOTS | GLOBAL REACH

3

Industry InformationWell-Established, Locally Owned Marina

According to the National Marine Manufacturers Association, retail sales of power boats is expected to increase by 3-4 percent in 2019. 2018 saw 280,000 units sold, the highest in retail powerboat sales since 2007. NMMA calls boating one of the fastest growing recreational sports in the country and contributes and estimated $170.3 billion in economic activity to the nation.

280,000Units Sold in 2018

3-4%Expected Retail Sales

Increase in2019

Top 100 Dealers Award

Eight years in a row

$170.3 billionContributes to economic

activity in nation

Marine CertifiedBy the MRAA

www.cressy.com

Global Brokerage Division of Cressy Commercial Real EstateLOCAL ROOTS | GLOBAL REACH

4

NAI Cressy, the global brokerage division of Cressy Commercial Real Estate, (“Agent”) has been engaged as the exclusive agent for the sale of WakeSide Marine 51305 SR19 in Elkhart, Indiana (the “Property”), by the owner of the Property (“Seller”).

The Property is being offered for sale in an “as-is, where-is” condition and Seller and Agent make no representations or warranties as to the accuracy of the informationcontained in this Offering Memorandum. The enclosed materials include highly confidential information and are being furnished solely for the purpose of review byprospective purchasers of the interest described herein. Neither the enclosed materials nor any information contained herein is to be used for any other purpose ormade available to any other person without the express written consent of the Seller. Each recipient, as a prerequisite to receiving the enclosed, should be registeredwith Cressy Commercial Real Estate as a “Registered Potential Investor” or as “Buyer’s Agent” for an identified “Registered Potential Investor.” The use of this OfferingMemorandum and the information provided herein is subject to the terms, provisions and limitations of the confidentiality agreement furnished by Agent prior todelivery of this Offering Memorandum.

The enclosed materials are being provided solely to facilitate the prospective investor’s own due diligence for which it shall be fully and solely responsible. The materialcontained herein is based on information and sources deemed to be reliable, but no representation or warranty, express or implied, is being made by Agent or Seller or anyof their respective representatives, affiliates, officers, employees, shareholders, partners and directors, as to the accuracy or completeness of the information containedherein. Summaries contained herein of any legal or other documents are not intended to be comprehensive statements of the terms of such documents, but rather onlyoutlines of some of the principal provisions contained therein. Neither the Agent or the Seller shall have any liability whatsoever for the accuracy or completeness of theinformation contained herein or any other written or oral communication or information transmitted or made available or any action taken or decision made by therecipient with respect to the Property. Interested parties are to make their own investigations, projections and conclusions without reliance upon the material containedherein.

Seller reserves the right, at its sole and absolute discretion, to withdraw the Property from being marketed for sale at any time and for any reason. Seller and Agent eachexpressly reserves the right, at their sole and absolute discretion, to reject any and all expressions of interest or offers regarding the Property and/or to terminatediscussions with any entity at any time, with or without notice. This offering is made subject to omissions, correction of errors, change of price or other terms, prior saleor withdrawal from the market without notice. Agent is not authorized to make any representations or agreements on behalf of Seller.

Seller shall have no legal commitment or obligation to any interested party reviewing the enclosed materials, performing additional investigation and/or making anoffer to purchase the Property unless and until a binding written agreement for the purchase of the Property has been fully executed, delivered, and approved by Sellerand any conditions to Seller’s obligations thereunder have been satisfied or waived.

By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a highlyconfidential nature and will be held and treated in the strictest confidence and shall be returned to Agent or Seller promptly upon request; and (b) the recipient shall notcontact employees or tenants of the Property directly or indirectly regarding any aspect of the enclosed materials or the Property without the prior written approval ofthe Seller or Agent; and (c) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Seller or Agent or asotherwise provided in the Confidentiality and/or Registration Agreement executed and delivered by the recipient(s) to Cressy Commercial Real Estate.

Confidential Memorandum and DisclaimerWell-Established, Locally Owned Marina

www.cressy.com

Global Brokerage Division of Cressy Commercial Real EstateLOCAL ROOTS | GLOBAL REACH

5

Confidential Memorandum and DisclaimerWell-Established, Locally Owned Marina

The terms and conditions contained in the above Confidentiality Memorandum have been read and are agreed to this _____ day of _____________20___.

Prospective Purchaser:BY:

Printed Name: Title:_______________________________________________________

Mailing Address: ___________

Telephone #__ _____________________ _____ Fax #________________________________________________

Email Address:__________________________________________________________________________________________________________

Representing Broker:By

Printed Name:

Mailing Address _____________

Telephone #__ _____________________ _____ Fax #________________________________________________

Email Address:_

RETURN TO:CRESSY COMMERCIAL REAL ESTATE

4100 EDISON LAKES PARKWAY SUITE 350MISHAWAKA IN 46545

PHONE: 574.271.4060 / FAX 574.271.4292info@cressy.comRef # _________