This well-established marine boat & engine dealer has been in existence for 10+ years, and sells and services exclusive manufacturer lines, major engine brands and respective spare parts. It’s location on the southern Jersey shore (not on the water) provides an excellent base for long- term customers, and with quite a few of its customers located as far away as NY or PA. The company is known through word-of-mouth and is represented on all well-known trade show exhibitions in the North-East.
The company enjoys a competitive advantage by its location and by providing historically dependable services to a stable consumer base, some of which have been with the company since inception. In addition, the company has exclusive rights to specific boat lines and provides full sales/service of Yamaha and Evinrude engines – providing natural sales growth opportunities moving forward.
The company has been fully reviewed and conservatively appraised by a well-known, accredited national valuation firm. A full valuation report is included in the prospectus. There is no debt to be assumed and the deal includes $2m+ in assets. The business is pre-qualified by an SBA lender subject to buyer’s financials, and by implementing the proposed deal structure an owner operator will obtain more than $50k benefit in after-acquisition-debt cash flow.
A comfortable six months transition period will be provided by an owner who truly wants to continue to see his business flourish. A very well trained and highly qualified team will stay in place and support the new owner in all aspects of the business.
(ALL DATA BASED ON SIGNED TAX RETURNS)
Asking Price $2,275,000
You May Also Like
Marine Repair & Boat Service Business #464925 posted Mar 20, 2017
- Virginia, United States
Great opportunity to own an established marine service company offering yacht brokerage, maintenance/repair services and charter/event planning for over 15 years. The business is located in the Northern Neck of Virginia and ideally positioned to serve customers with boats all along the Potomac River...
Complete Boating Store And Marine Rentals For Sale #462463 posted Feb 7, 2017
- Orange County, Vermont, United States
The Ultimate Boating Experience! Complete Boating Store and Marine Rentals For Sale For $260,000 plus the cost of the existing debt approximately $210,000. Established in 1986, this business has a vast selection of boats, and 2,000 sq.ft of accessories, hardware, lubricants, paints and parts. Plus the...
Marine Sales, Service and Winter Storage #457346 posted Nov 4, 2016
- New Hampshire, United States
For sale, an established and growing full service dealership for several boat lines, motors, power tools and with full service capabilities. This business is doing a large volume of sales, service, and winter storage business. The offering includes significant real estate with outside and inside winter...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.