Major Marina for sale

ChannelJudge · 10-24-2020, 05:19 PM

Well, its easy to figure out who this may be. Major loss to the lake community.

https://www.bizquest.com/business-fo...aWQ9MzE=&psn=1

Sunseeker Jimmy · 10-24-2020, 09:24 PM

my guess is Silver Sands

WinnisquamZ · 10-24-2020, 11:45 PM

Heard 3rd party the Silver Sands has had a standing offer for years from Marriot Properties if she ever wants to sell. Somewhere in the neighborhood of 13mil. Including the marina. The property is one of a kind

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joey2665 · 10-25-2020, 06:25 AM

Thurstons?

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Bear Guy · 10-25-2020, 07:02 AM

This thread discussed same listing:
https://www.winnipesaukee.com/forums...ad.php?t=26317

TiltonBB · 10-25-2020, 07:24 AM

"This facility spans over 8 acres and has 15 modern buildings. Commercially zoned with city waters & sewer, total lake frontage is a generous 8,000 sq. ft."

8,000 "square feet" of lake frontage? Must be a new way to measure!

mcdude · 10-25-2020, 07:41 AM

...........

BroadHopper · 10-25-2020, 08:02 AM

And so is the year established. Unless the year is the date the current owner bought it. Silver Sands is a lot older than 1972.

Only 4 marinas come to mind that had new ownership since the '70s, Paugus Bay marina, Winni Marine, and Shep's Brown. Can't recall when Gilford Yacht Club became an owner's association but I can include that.

thinkxingu · 10-25-2020, 08:06 AM

Why doesn't the listing just say where?

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joey2665 · 10-25-2020, 08:14 AM

Quote:

Originally Posted by thinkxingu

Why doesn't the listing just say where?

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I would say they do not want customers to know until they have a deal. I did the same thing when I sold my business

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WinnisquamZ · 10-25-2020, 08:24 AM

Paugus Bay is a interesting take. With the new condos being built wondering if the seller is looking to grab someone interest.

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ChannelJudge · 10-25-2020, 08:39 AM

Definitely Thurstons, the picture is just to throw folks off. EST 1972 is in their logo so that matches. The traffic count going by their front door in the summer is higher than any marina on the lake. It all adds up.

betterthanbacon · 10-25-2020, 08:46 AM

Quote:

Originally Posted by Sunseeker Jimmy

my guess is Silver Sands

$4.6 Mil. For Silver Sands sounds way to cheap. That is a prime piece of real estate. I would also think their gross rev.$$ would be much higher
But...If this is the case I would think Irwin Marine would be all over it as they manage Mt View, next door.

GodSmile · 10-25-2020, 09:16 AM

Quote:

Originally Posted by Sunseeker Jimmy

my guess is Silver Sands

Last time I checked Silver Sands did not have 6 boat houses.

ishoot308 · 10-25-2020, 09:37 AM

I know for a fact that Thurston’s is for sale.

Dan

fatlazyless · 10-25-2020, 10:07 AM

For Thurston's, a long time Evinrude dealer, wonder if http://www.motorbiscuit.com/evinrude...t-of-business/ was an influence in their decision, or what? Is this a big deal or just a minor issue? How expensive or costly is it to start up as an outboard dealer? You got Mercury, Honda, Suzuki, Tohatsu, Yamaha, and some others, and does Evinrude's demise also include Johnson Outboards demise, too? Is this a big issue or a tiny issue?

Helloooo www.parsun.us/outboard-motors/ ...... here's that hi-visibility American place to show and sell your motor ..... 4-stroke outboards, made in China!

Does Parsun make the 4-strokes for Mercury ...... anyone know?

Descant · 10-25-2020, 12:40 PM

I'd guess Silver Sands could be sold for a lot more by going condo.

Dave R · 10-25-2020, 12:40 PM

Quote:

Originally Posted by fatlazyless

Does Parsun make the 4-strokes for Mercury ...... anyone know?

I was under the impression Tohatsu makes the smaller Mercury outboards and Mercury makes the bigger ones.

Billy Bob · 10-25-2020, 07:36 PM

Quote:

Originally Posted by ChannelJudge

Definitely Thurstons, the picture is just to throw folks off. EST 1972 is in their logo so that matches. The traffic count going by their front door in the summer is higher than any marina on the lake. It all adds up.

says 43 slips , that’s not Thurstons

Knomad · 10-26-2020, 06:59 AM

If the picture is correct, the only place I know that has that many sailboats is Fay's.

swnoel · 10-26-2020, 09:00 AM

https://www.loopnet.com/Listing/1897...ve-Laconia-NH/ maybe not?

Phantom · 10-26-2020, 12:35 PM

Quote:

Originally Posted by Knomad

If the picture is correct, the only place I know that has that many sailboats is Fay's.

That picture is bogus ………… look at the "Ship" in the far distance & there appears to me a breakwater -- that is a stock photo of some Marina on the ocean.

codeman671 · 10-26-2020, 12:50 PM

Quote:

Originally Posted by swnoel

https://www.loopnet.com/Listing/1897...ve-Laconia-NH/ maybe not?

Look at the date in the ad. It already sold to East Coast Flightcraft a few years back.

It is Thurston's for certain. I've seen the packet on it. That's just a file photo.

LIforrelaxin · 10-27-2020, 01:06 PM

Quote:

Originally Posted by codeman671

Look at the date in the ad. It already sold to East Coast Flightcraft a few years back.

It is Thurston's for certain. I've seen the packet on it. That's just a file photo.

There is no doubt that it is Thurston's... The last time I was in there, and talked with them, when I was looking for a part, It was easy to tell they where trying to hold on to the business, but ultimate also needed an avenue to retirement, which was going to involve selling off the business......

The problem sometimes with Family business is that when one generation is ready to retire, there is no way for the next generation to take over while still giving the current generation an avenue to a nice retirement that they desirve.

Now this is not fact, just presumption on my part.... But there is no doubt what is for sale is Thurston's......

10-24-2020, 05:19 PM	#1
ChannelJudge Junior Member Join Date: Oct 2020 Posts: 2 Thanks: 0 Thanked 2 Times in 1 Post	Major Marina for sale Well, its easy to figure out who this may be. Major loss to the lake community. https://www.bizquest.com/business-fo...aWQ9MzE=&psn=1

10-25-2020, 07:02 AM	#5
Bear Guy Senior Member Join Date: Mar 2003 Location: FL, Bear Is. Posts: 183 Thanks: 45 Thanked 69 Times in 40 Posts	related thread This thread discussed same listing: https://www.winnipesaukee.com/forums...ad.php?t=26317

10-25-2020, 07:41 AM	#7
mcdude Senior Member Join Date: Jul 2002 Location: Rock Haven Lake - West Newfield, ME Posts: 5,367 Thanks: 374 Thanked 1,057 Times in 495 Posts	........... __________________

10-25-2020, 08:02 AM	#8
BroadHopper Senior Member Join Date: Oct 2004 Location: Laconia NH Posts: 5,570 Thanks: 3,206 Thanked 1,101 Times in 793 Posts	Picture is misleading. And so is the year established. Unless the year is the date the current owner bought it. Silver Sands is a lot older than 1972. Only 4 marinas come to mind that had new ownership since the '70s, Paugus Bay marina, Winni Marine, and Shep's Brown. Can't recall when Gilford Yacht Club became an owner's association but I can include that. __________________ Someday may never be an actual day.

10-25-2020, 09:37 AM	#15
ishoot308 Senior Member Join Date: Feb 2008 Location: Gilford, NH / Welch Island Posts: 6,232 Thanks: 2,384 Thanked 5,277 Times in 2,051 Posts	Thurston’s I know for a fact that Thurston’s is for sale. Dan __________________ It's Always Sunny On Welch Island!!

10-24-2020, 09:24 PM	#2
Sunseeker Jimmy Junior Member Join Date: Oct 2017 Posts: 14 Thanks: 2 Thanked 6 Times in 4 Posts	my guess is Silver Sands

10-24-2020, 11:45 PM	#3
WinnisquamZ Senior Member Join Date: Dec 2016 Posts: 2,048 Thanks: 210 Thanked 652 Times in 435 Posts	Heard 3rd party the Silver Sands has had a standing offer for years from Marriot Properties if she ever wants to sell. Somewhere in the neighborhood of 13mil. Including the marina. The property is one of a kind Sent from my iPhone using Winnipesaukee Forum mobile app

10-25-2020, 06:25 AM	#4
joey2665 Senior Member Join Date: Sep 2008 Location: Meredith Bay & LI, NY Posts: 3,222 Thanks: 1,219 Thanked 1,009 Times in 649 Posts	Thurstons? Sent from my iPhone using Winnipesaukee Forum mobile app

10-25-2020, 07:24 AM	#6
TiltonBB Senior Member Join Date: Feb 2005 Location: Gilford, NH and Florida Posts: 2,991 Thanks: 696 Thanked 2,196 Times in 931 Posts	"This facility spans over 8 acres and has 15 modern buildings. Commercially zoned with city waters & sewer, total lake frontage is a generous 8,000 sq. ft." 8,000 "square feet" of lake frontage? Must be a new way to measure!

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10-25-2020, 08:06 AM	#9
thinkxingu Senior Member Join Date: Jul 2014 Posts: 6,221 Thanks: 1,170 Thanked 2,053 Times in 1,275 Posts	Why doesn't the listing just say where? Sent from my SM-G950U using Winnipesaukee Forum mobile app

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10-25-2020, 08:24 AM	#11
WinnisquamZ Senior Member Join Date: Dec 2016 Posts: 2,048 Thanks: 210 Thanked 652 Times in 435 Posts	Paugus Bay is a interesting take. With the new condos being built wondering if the seller is looking to grab someone interest. Sent from my iPhone using Winnipesaukee Forum mobile app

10-25-2020, 08:39 AM	#12
ChannelJudge Junior Member Join Date: Oct 2020 Posts: 2 Thanks: 0 Thanked 2 Times in 1 Post	Definitely Thurstons, the picture is just to throw folks off. EST 1972 is in their logo so that matches. The traffic count going by their front door in the summer is higher than any marina on the lake. It all adds up.

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10-25-2020, 10:07 AM	#16
fatlazyless Senior Member Join Date: Apr 2004 Posts: 8,738 Blog Entries: 1 Thanks: 300 Thanked 1,007 Times in 735 Posts	For Thurston's, a long time Evinrude dealer, wonder if http://www.motorbiscuit.com/evinrude...t-of-business/ was an influence in their decision, or what? Is this a big deal or just a minor issue? How expensive or costly is it to start up as an outboard dealer? You got Mercury, Honda, Suzuki, Tohatsu, Yamaha, and some others, and does Evinrude's demise also include Johnson Outboards demise, too? Is this a big issue or a tiny issue? Helloooo www.parsun.us/outboard-motors/ ...... here's that hi-visibility American place to show and sell your motor ..... 4-stroke outboards, made in China! Does Parsun make the 4-strokes for Mercury ...... anyone know? __________________ ... down and out, liv'n that Walmart side of the lake! Last edited by fatlazyless; 10-26-2020 at 07:28 AM.

10-25-2020, 12:40 PM	#17
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,344 Thanks: 1,339 Thanked 1,621 Times in 1,053 Posts	Not Silver Sandsa I'd guess Silver Sands could be sold for a lot more by going condo.

10-26-2020, 06:59 AM	#20
Knomad Senior Member Join Date: Apr 2004 Location: Center Tuftonboro Posts: 174 Thanks: 0 Thanked 33 Times in 19 Posts	If the picture is correct, the only place I know that has that many sailboats is Fay's.

10-26-2020, 09:00 AM	#21
swnoel Senior Member Join Date: Jan 2007 Posts: 529 Thanks: 83 Thanked 194 Times in 118 Posts	https://www.loopnet.com/Listing/1897...ve-Laconia-NH/ maybe not?

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