Property Details

Description

Calling all sailing enthusiasts! Unique opportunity to acquire Great Lakes Sailing Co, a successful multi-faceted business with over 40 years of operational history and industry recognition. Located in the vibrant boating community of Traverse City, Michigan, GLSC is a leader in the yacht charters, sailing instruction, and yacht sales, management & maintenance space. As the Jeanneau North American Dealer of the Year in 2020, 2022, and 2023, GLSC is a recognized leader in the yacht sales market, representing one of the world's top sailboat brands. GLSC also operates one of the largest yacht charter fleets on the Great Lakes, with boats ranging from 30' to 50', offering multi-day charters to a high-end clientele. Additionally, the business operates an award-winning ASA sailing school (one of the first in the country), and is consistently ranked in the top 12 out of over 400 ASA schools worldwide. GLSC benefits from a dedicated, skilled team, with many employees having been with the company for 10-20 years, providing a stable foundation and a strong client service reputation. The business currently leases space at CenterPointe Marina and controls 23 boat slips. The 5,000SF storage and shop space at 3903 Blair Valley Rd is also for sale separately or can be leased by a new owner. This offering features several different components (dealership, charters/sailing school, yacht management & maintenance), which can be purchased all together or individually/separately. The current owner is willing to provide flexibility to work with the right buyer to ensure a smooth transition. List price is for Goodwill before adding any FF&E or Inventory, which is available "a la carte" and fluctuates throughout the year. Summary financial information is available for qualified buyers to review with a signed confidentiality agreement. You don’t want to miss this one!