Presents Egan Houseboat Rentals - Kazooga.comkazooga.com/Uploads/Business_Docs/102123_Egan Feature Present… · Detroit and Cleveland Boat Shows Attended 15 consecutive years Built

Jim Parkes DNS Real Estate Limited, Brokerage Sales Representative 195-C Simcoe Street, Peterborough [email protected] 705-749-16202 / Fax 705-749-1620

23 Lila Court, Pigeon Lake

Presents

Egan Houseboat Rentals


Table of Contents

Introduction………………………………………………………………......2

Houseboat Fleet…………………………………………………………..…..3

Feature Sheet……………………………………………………………...….4

Property Report…………………………………………………………..…..5

Picturesque Waterfront………………………………………………….……6

Marketing…………………………………………………….………….....7-9

Building Details…………………………………………………….…...10-12

Residence……………………………………………………………….…..13

Equipment List………………………………………………………..…….14

Tools Small Machines List……………………………………………...15-18

Inventory List…………………………………………………………...…..19

Financials…………………………………………………………….……..20

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Egan Houseboats offers a complete turnkey opportunity for those who are considering a lifestyle change and living on a beautiful lakefront property while managing a successful business, or as an investor benefiting from an efficiently managed operation. For a reasonable management fee Ron Egan will make himself available to train the new owner/operators for up to a full season if necessary.

Many variables play a role in the success of this business including their extensive Marketing Plan, the experienced, skilled and professional staff, 27 expertly maintained and well equipped deluxe Seahawk Houseboats, having on hand all necessary equipment and supplies, one hour repair service policy, efficient dock design and layout, onsite operator training provided for all customers, quiet efficient operation of the houseboats, and of course being located on the most beautiful Watercourse in North America – the Trent-Severn Waterway.


Egan Houseboats has thrived for 40 years in the heart of the Kawartha’s on beautiful Pigeon Lake. The Marina is situated in the middle of the Trent-Severn Waterway with 240 miles of protected cruising through 20 lakes, rivers and canals.

With the largest and best maintained fleet of House-boats in Ontario, Egan Houseboats provides a truly unforgettable vacation experience for couples and families from all over the world including Canada, United States, Spain, Germany, England, France, Japan, and China.

The following pages of this report outline many details of the Egan Houseboats operation including Land, Buildings, Residence and Cottage, the Marketing Plan, Equipment and Inventory List, and Financial Statements.

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Price: $1,975,000 Status: Active MLS® #: 165100100725200 Address: 23 Lila Court City: Omemee Lot Size: 1.74 Acres Zoning: C-4 Exterior Features: Storage Building, Dock/Mooring Interior Features: Living Accommodations, Public Washroom, Security System, Air Conditioning Driveway: Gravel


Overview: Long time established and successful Houseboat rental business operating since 1972, including 1.74 acre property with over 500 feet of prime lake front shoreline. 27 completely updated and modern houseboats, extensive docking, 2 storey custom owner’s home, coach house cottage, large well equipped maintenance shop, and office. Owners are looking forward to retiring after over 40 years and are offering a Great opportunity to take over this successful and profitable family business. Zoning is Commercial/Recreational.

www.dnsrealestate.netwww.dnsrealestate.net

James Parkes Sales Representative 195-C Simcoe Street Peterborough ON K9H 2H6 705-749-1602/1-800-461-6419 [email protected]

Type: Commercial Retail, Marina Title to Land: Freehold Sale/Lease: For Sale Only, Building, Business and Land Site Influences: Visual Exposure, Water Frontage Taxes: $5,436.34 (2011) Fire Protection: Monitored Alarm System Smoke Detector

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This Report was prepared for:

Property Detail Report

06/19/2012 02:46 PM

23 LILA COURT

KAWARTHA LAKES

PIN 632521109

JAMES PARKESSales Representative DNS Real Estate Ltd., Brokerage 195-C Simcoe StreetPeterborough , Ontario K9H2H6Phone 705-749-1602Fax 705-749-1620Home Page www.dnsrealestate.netEmail [email protected]

Property Details - PIN: 632521109

Address 23 LILA COURT Municipality KAWARTHA LAKES LRO 57 Land Registry Status ACTIVERegistration Type LT Area 7,722 m2 Perimeter 434 mShort Description LT 1 PL 396; LT 10-11 PL 243; PT PRIVATE RD PL 243 AS IN A55479; KAWARTHA LAKES

Aerial View of Property Street View

Assessment Information

2012 TAX YEAR, PHASED IN ASSESSMENT ASSESSMENT ROLL NUMBER 2012 TAX YEAR,

PHASED IN ASSESSMENT

ASSESSED VALUE BASED ON JAN 1, 2008

DEPTH (F)

FRONTAGE(F)

PROPERTY TYPE

165100100725200 $368,000 $368,000 0.00 500.00 471 Retail or office with residential unit(s) above or behind - less than 10,000 s.f. gross building area (GBA), street or onsite parking, with 6 or lessapartments, older downtown core

© 2012 Microsoft Corporation © 2010 DigitalGlobe Image courtesy of USGS

100 m

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1972

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Mar ket ing Egan Houseboat Rentals is an extremely well organized and managed business with a long successful

history. A cornerstone to this success story is the extensive Marketing Program that has been developed

and maintained year after year. The information below outlines the Egan Houseboats Marketing Plan and

clearly demonstrates the commitment made to promoting this business.

Toronto Boat Show Attended 40 consecutive years

10 day show with Prime Corner Booth year after year

Opportunity for face to face discussion with over 1,200 groups

Houseboat trip promotion at show provides approx. 600 new email addresses collected per show

London Boat Show Attended 17 consecutive years

Three day show with great booth location, radio station provides second booth at no charge

Great exposure through advertising on three local radio stations and CTV television

Houseboat vacation giveaway promotions generate 900 new email addresses per show

Sportsman Show Attended 35 consecutive years

Four day show with high exposure corner booth

Talk with 1,400 groups per show

Houseboat trip giveaway in exchange for radio advertising

Detroit and Cleveland Boat Shows Attended 15 consecutive years

Built American clientele up to 200 rentals per year prior to 9/11

American tourists are now returning in much larger numbers with the trend expected to continue

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Mar ket ing Continued…. .

Egan Houseboats Website Very well constructed, easy to use, and lots of details about the houseboat experience

Search words “ Houseboat Rental Ontario” or “Houseboats Trent Waterway” #2 ranking on Google

Many combinations of search words consistently present Egan Houseboats with page one ranking

E-News Letter Reviewed regularly by 10,000 subscribers

All subscribers are qualified leads – past attendees at boat shows

One in four open the newsletter upon receipt, which generates $5,000 in bookings instantly

CTV – Canada AM Chose Egan Houseboats as “Best Outdoor Vacation in Ontario, top 5 in Canada” for 2011

Received national coverage on CTV morning travel show

Peterborough Kawartha Tourism Council Member Egan Houseboats is the only Houseboat company who is a member

Great relationship with PKT – travel writers are recommended only to Egan Houseboats

Tourism Ontario Excellent relationship with Tourism Ontario – Consider Egan to be a WORLD CLASS tourist attraction

Tourism Ontario pays Egan Houseboats going rate to host all travel writers

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Mar ket ing Cont inued…. .

Other Notables Hosted a Japanese media group (Ontario Tourism guests) – now featured on Ontario Tourism

website in Japan

German travel writers featured the Trent Waterways as biggest attraction in Ontario

‐ toured on Egan Houseboats

A major article was written in a magazine in the spring of 2012 that featured Egan Houseboats.

The magazine was made available to train travellers between Montreal and Toronto

‐ Great exposure in the Quebec market

Jonview Travel in Germany (2nd biggest wholesaler in Germany) featured Egan Houseboats as North

America’s Feature trip of the year for 2011

“ A Journey of a Lifetime” – National Geographic

“ Wilderness Cruising with Fine Dining Around the Bend “ – Canadian Geographic

Travel writers consistently provide 2‐3 major articles per year—folder of numerous articles

available

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Bui ld ing Detai ls

Approx. 2,200 SF (buyer to verify) – very clean and well decorated

Two bedrooms – master bedroom has large walk‐in closet – direct access to main bathroom

One 2 pc bath and one 3 pc bath – large corner shower in main bath

Fersina double hung windows installed throughout – bay windows in Living room and Dining room

Kitchen has walk‐in pantry, peninsula countertops – seats 4 – includes fridge, stove, dishwasher

Plenty of natural light – new skylight in Dining room installed in 2005

196 SF screened in deck with picturesque view of the lake

Plumbing and electrical upgrade in 1985 ‐ 100 amp service

Propane furnace forced air – 500 lb. tank (rental) supplies house, cottage and swimming pool

Wall mount air conditioner

Brick veneer and aluminum siding – asphalt shingle roof

Chubb alarm system

Above ground heated pool with new liner in 2005 – new circulation pump in 2003

Full deck and fencing on all sides of pool– very private

Main Residence

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Bui ld ing Detai ls Cont inued…..

Cottage (three-season) Approx. 580 SF (buyer to verify) with 160 SF screened in deck

Two bedrooms – additional overhead bunk space

Wood frame – asphalt shingle roof new in 2003

Beautiful treed lot with tree house for the kids

Private dock for cottage

60 amp service

Includes stove, fridge, microwave

Main Shop Building Approx 2,900 SF (buyer to verify) with two levels

2nd level has low ceiling, great storage location

240 SF covered storage area attached to main building

Wood frame on cement pad, with metal roof

Propane heater – 80,000 BTU ceiling suspended

100 amp service, single phase

Building used primarily for Office, Workshop and Tool

Room

Utility Sheds Three metal utility sheds used for miscellaneous

storage ‐ Two – 6’6” x 9’6”, one – 5’6” x 7’6”

Wood frame office located at dock—90 SF with 90

SF awning

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Grounds 1.74 acres with over 500 feet of prime lakefront shoreline

Extensive docking facilities including four 100 foot docks and two 50 foot docks

Docks are constructed with solid wooden cedar posts, installed with an onsite Pile‐Driver

A new 40 foot launch ramp, installed two years ago, allows for launching of Boats at any water level

Grounds are very well maintained ‐ residence and cottage surrounded by mature trees and lush growth

Drilled Well located inside main residence – operates with a silent submersible Jacuzzi pump

Drilled Well provides ample and continuous water supply – has never run dry

Septic System for main residence new in 1990

Septic System for cottage is original – has had limited usage and no issues

Septic System for Office and Public Washrooms is a 2000 gallon in‐ground holding tank

Septic System for Houseboats is a 2000 gallon in‐ground holding tank

Licensed propane refill station with 500 gallon capacity (rental)

Office Building Approx 420 SF (buyer to verify)

Includes two 2 pc bathrooms

Air conditioned – wall mounted

Wood frame, vinyl siding, asphalt shingle roof

Wood floor

Bui ld ing Detai ls Cont inued…..

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Egan Houseboats Rentals - Equipment List - INCLUDED IN LIST PRICE

Item Qty Cost Ext CostHSBT Trailer (4 wheels) 1 $1,000.00 $1,000.00

HSBT Loading Stands 1 $1,500.00 $1,500.00

500 Gallon Drum 1 $50.00 $50.00

Snow Plough (fits truck) 1 $300.00 $300.00

Large Trailer (4 wheels) continental 1 $1,500.00 $1,500.00

Apollo Trailer 1 $1,000.00 $1,000.00

Boat Trailer (blue lot) continental 1 $900.00 $900.00

Boat Trailer (black) 1 $100.00 $100.00

Garbage Trailer 1 $500.00 $500.00

Ford Tractor 1 $2,500.00 $2,500.00

Bush Hog 1 $400.00 $400.00

Barrel Cart 1 $50.00 $50.00

HSBT Railings 9 $2,000.00

40' Steel Trailer 2 $300.00 $600.00

Fiberglass Flybridge 1 $500.00 $500.00

250 Gallon New Drums 4 $50.00 $200.00

Large Chain Blocks 4 $240.00 $960.00

1990 Ford Cube Van 1 $3,000.00 $3,000.00

2005 Ford Service Van 1 $9,500.00 $9,500.00

1994 Dodge Yard Truck 1 $3,000.00 $3,000.00

Propane Tanks (3 tanks per boat included) 51 $45.00 $2,295.00

Tig Welder 1 $2,500.00 $2,500.00

Zetor 4 x 4 Tractor 1 $8,500.00 $8,500.00

8 Wheel Stanley HSBT Trailer 1 $5,000.00 $5,000.00

Pump out Machine 1 $2,000.00 $2,000.00

Spare Pump out Machine 1 $1,000.00 $1,000.00

Boat show Booth 1 $2,000.00 $2,000.00

Kayaks 5 $100.00 $500.00

Canoes 2 $200.00 $400.00

Large Air Compressor 1 $400.00 $400.00

Large Table Saw 1 $400.00 $400.00

Large Generator 1 $599.00 $599.00

Large Generator 1 $499.00 $499.00

20 Ton Press 1 $400.00 $400.00

Washer and Dryer 1 $600.00 $600.00

Fridges 3 $500.00

Stove 1 $500.00 $500.00

Cottage Stove 1 $100.00 $100.00

Computer 1 $1,000.00 $1,000.00

Printer 1 $200.00 $200.00

Office Desk, Tables etc. 1 $200.00 $200.00

Total Equipment Valuation $59,153

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Egan Houseboat Rentals - Tools Small Machines List - INCLUDED IN LIST PRICE

Item Qty Cost Ext CostCrowbar 3 $10.00 $30.00

Ball Pin Hammer 1 $20.00 $20.00

Hammer 3 $20.00 $60.00

Large Screwdriver 5 $5.00 $25.00

Large Channel Lock 1 $35.00 $35.00

11" Vice Grip "C" 1 $26.00 $26.00

Standard Vice Grip 3 $14.00 $42.00

Pipe Wrench 1 $22.00 $22.00

Adjustable 2 $19.00 $38.00

Open Ended Wrench 100 $1.00 $100.00

Ratchet 5 $14.00 $70.00

Socket Head 100 $1.00 $100.00

Torque Wrench 1 $80.00 $80.00

Square Steel 3 $12.00 $36.00

Ruler Steel 1 $12.00 $12.00

Level 2 $40.00 $80.00

Bolt Cutter 1 $12.00 $12.00

Large Bolt Cutter 1 $60.00 $60.00

T Square 1 $20.00 $20.00

Chisel 5 $8.00 $40.00

Small Clamps 7 $16.00 $112.00

Large Clamps 2 $29.00 $58.00

Hack Saw 4 $31.00 $124.00

Large Hand Staple Gun 2 $31.00 $62.00

Small Hand Staple Gun 1 $18.00 $18.00

Glue Gun 1 $17.00 $17.00

Tin Snips 3 $10.00 $30.00

Tape Measure 12 $10.00 $120.00

Small Table Saw 1 $130.00 $130.00

Drill Press 1 $300.00 $300.00

Metal Chop Saw 1 $220.00 $220.00

Compound Shop Saw Wood 1 $220.00 $220.00

"Stand 1 $100.00 $100.00

Sawzall 2 $119.00 $238.00

Rowter 1 $150.00 $150.00

Large Jig Saw 1 $200.00 $200.00

Skill Saw 1 $60.00 $60.00

Grinder 2 $109.00 $218.00

Electric Sander Belt 1 $39.00 $39.00

Palm Sander 3 $39.00 $117.00

Electric Drill 3/8 1/2 2 $99.00 $198.00

12V Battery Drill 13 $100.00 $1,300.00

12V Grinder 1 $130.00 $130.00

1/2" Drill Bit 3 $16.00 $48.00

Sub total $5,117.00

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Item Qty Cost Ext CostPortable Air Tank 1 $70.00 $70.00

Cable Lock 4 $40.00 $160.00

Kayak Paddles 3 $44.00 $132.00

Paddles various $15.00 $15.00

Child Life Jacket 30 $12.00 $360.00

Adut Life Jacket 40 $15.00 $600.00

Pool Skimmer 1 $19.00 $19.00

Handle and Brush for Pool 1 $45.00 $45.00

Pool Creeper Cleaner 1 $120.00 $120.00

Solar Blanket 1 $60.00 $60.00

Whipper Snip 1 $299.00 $299.00

Tree Trimmer 2 $49.00 $98.00

Long Branch Cutter 1 $74.00 $74.00

Lawn Mower 4 $199.00 $796.00

Seed Spreader 1 $39.00 $39.00

Shovel 3 $18.00 $54.00

Dandelion Picker 1 $29.00 $29.00

Rakes 3 $15.00 $45.00

50' Garden Hose 6 $39.00 $234.00

Cement Mixer 1 $50.00 $50.00

3" Air Nail Gun 1 $400.00 $400.00

Air Nibbler 1 $120.00 $120.00

Hand Press 1 $155.00 $155.00

Drill Sharpener 1 $18.00 $18.00

Extension Cord 8 $50.00 $400.00

Air Paint Sprayer 1 $30.00 $30.00

Rotary Oil Hand Pump 1 $64.00 $64.00

Propane Press Tester Kit 1 $140.00 $140.00

Multimeter 2 $34.00 $68.00

Boat Scrub Brushes 12 $16.00 $192.00

Truck Ramps Set 1 $55.00 $55.00

Pontoon Pumps 2 $130.00 $260.00

Antique Tools various $400.00 $400.00

Antique Engines (work) 2 $300.00 $600.00

Antique Engines (seized) 1 $30.00 $30.00

Antique Outboards 2 $20.00 $40.00

Curlew Sailboat Engine 1 $500.00 $500.00

Antique Oars 8 $20.00 $160.00

Wheel Barrow 1 $80.00 $80.00

HSBT Wheel Barrow 3 $80.00 $240.00

4 x 8 Sheets Plastic Plywood 8 $50.00 $400.00

Mobile Motor Mount Hydraulic Engine Crane 1 $110.00 $110.00

Parts Cleaning Tub 1 $80.00 $80.00

Vacuum 3 $90.00 $270.00

Sub total $8,111.00

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Item Qty Cost Ext CostExtended Drill Bits 4 $25.00 $100.00

Respirator Mask 1 $44.00 $44.00

Safety Face Guard 2 $21.00 $42.00

Safety Glasses 3 $10.00 $30.00

Air Ratchet 1 $30.00 $30.00

Air Grinder 1 $100.00 $100.00

Cedar Deck Posts 7 $10.00 $70.00

Air Drill impact wrench 1 $230.00 $230.00

Bench Grinder 1 $39.00 $39.00

Air Hose 3 $38.00 $114.00

Hard Hats 2 $33.00 $66.00

Shop Vac 1 $129.00 $129.00

Air Mover (dry rugs) 1 $269.00 $269.00

Air fittings 1 $27.00 $27.00

Small Air Compressor 1 $209.00 $209.00

Air Pig 1 $60.00 $60.00

Air Brad Nailer 1 $119.00 $119.00

Air Finish Stapler 3 $149.00 $447.00

Trigger Torch 1 $49.00 $49.00

Welding Helmet 1 $429.00 $429.00

Large Generator 3000‐4000 1 $499.00 $499.00

Long Tape Measure 1 $23.00 $23.00

Roof Safety Harness 1 $40.00 $40.00

Come Along ‐ Pulley 2 $20.00 $40.00

Large Ratchet Tie Down 1 $39.00 $39.00

Small Ratchet Tie Down 1 $24.00 $24.00

Nuts & Bolts 1 $300.00 $300.00

Chain Saw 1 $219.00 $219.00

Extended Paint Roller Handle 1 $29.00 $29.00

12' Ladder 1 $252.00 $252.00

Fiberglass Ladder 1 $68.00 $68.00

Metal Ladder 1 $38.00 $38.00

Sledge 1 $39.00 $39.00

Pry Bar 1 $14.00 $14.00

Axe 2 $34.00 $68.00

Hand Tree Saw 1 $19.00 $19.00

Electric Mitre Table Saw 1 $129.00 $129.00

"Stand 1 $89.00 $89.00

Upright Sander 1 $114.00 $114.00

Large Hand Truck 2 $99.00 $198.00

Small Hand Truck 3 $59.00 $177.00

Gas Spray Washer 1 $295.00 $295.00

Power Pac Booster 2 $159.00 $318.00

2 Amp Battery Charger 4 $69.00 $276.00

Sub total $5,910.00

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Item Qty Cost Ext CostSteam Cleaner Vacuum 1 $220.00 $220.00

Rotating Brush Rug Cleaner 1 $90.00 $90.00

Small Electric Heater 10 $30.00 $300.00

Analogue Battery Tester 2 $69.00 $138.00

Infrared Thermometer 1 $84.00 $84.00

Bear Clamps 4 $31.00 $124.00

Fine Drill Set 1 $60.00 $60.00

Micrometer Set 1 $62.00 $62.00

Pro Vice 1 $98.00 $98.00

Wood Vice 1 $15.00 $15.00

Air Caulking Gun 1 $59.00 $59.00

Tap and Die Set 1 $49.00 $49.00

Strobe Light 1 $75.00 $75.00

Grease Gun 4 $22.00 $88.00

Sub total 1,462.00

Total Tool & Small Machine Valuation $20,600

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Egan Houseboat Rentals - Inventory List - NOT INCLUDED IN LIST PRICE

Item Qty Cost Ext CostAQ‐115 Volvo Motor w Bell Housing 24 $500.00 12,000.00

AQ‐120 Volvo Motor w Bell Housing 2 $500.00 1,000.00

AQ‐120 Volvo Motor w Bell Housing 4 $2,000.00 8,000.00

AQ‐125 Volvo Motor w Bell Housing 5 $2,000.00 10,000.00

AQ‐270 Volvo Outdrive w Extensions 8 $2,500.00 $20,000.00

AQ‐270 Volvo Outdrive w/o Extensions 5 $600.00 $3,000.00

AQ‐250 Volvo Outdrive w/o Extensions 3 $600.00 $1,800.00

AQ‐100 Volvo Outdrive Complete 2 $500.00 $1,000.00

AQ‐100B Volvo Outdrive w Bell Hsg & Transom 13 $500.00 $6,500.00

AQ‐270 Transom Plates 20 $300.00 $6,000.00

Starters Shock Resistent 20 $300.00 $6,000.00

Alternators 20 $250.00 $5,000.00

Deep Cycle Batteries 18 $100.00 $1,800.00

Starting Batteries 10 $80.00 $800.00

Carburators 15 $500.00 $7,500.00

Water Pumps 15 $300.00 $4,500.00

Circ Pumps 10 $125.00 $1,250.00

Propellers 35 $280.00 $9,800.00

Misc Seals, Gaskets, Bearings, U Joints various $18,000.00

U‐Joint Assy (270 drive) 8 $300.00 $2,400.00

Shift Cables (Misc Sizes) 30 $70.00 $2,100.00

Steering Eqmnt ‐Helms & Cylinders, Bushings various $4,000.00

Paneling 40 $39.00 $1,560.00

Ceiling Panel 12 $52.75 $633.00

Lights 25 $24.00 $600.00

Misc Plumbing various $400.00

Toilets 3 $100.00 $300.00

Water Pumps 8 $140.00 $1,120.00

Tap Sets 20 $27.00 $540.00

Bath Tubs 6 $100.00 $600.00

Windows 11 $600.00 $6,600.00

Pike Poles 20 $27.00 $540.00

Electrical Cords & Pigtails, Outlets various $500.00

Speakers and Stereos various $600.00

Cabinetry, Doors and Trim various $1,000.00

Rope (tie lines, anchor lines etc.) various $1,200.00

Anchors various $500.00

Horns, Stern Lights, Bow Lights etc. various $600.00

Coolers 7 $125.00 $875.00

Cleaning Supplies various $5,000.00

Pots, Pans, Cutlery, etc. various $1,000.00

Propane Tanks 20 $45.00 $900.00

Norcold Fridge various $1,700.00

Total Inventory Valuation $159,218

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Available upon request

Confidentiality agreement

must be signed

Egan Houseboats Financial Statements

June 2012

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Documents

Presents Egan Houseboat Rentals - Kazooga.comkazooga.com/Uploads/Business_Docs/102123_Egan Feature Present… · Detroit and Cleveland Boat Shows Attended 15 consecutive years Built