DealStream Logo

No photo available

Details

This marine business for sale has been successfully operating since 1980. This year has proven to be a covid-proof business. A great opportunity to buy an established, thriving business with a built-in vacation most of the winter months
Family-owned and operated, they have built a solid reputation servicing new and repeat customers year after year. They operate with a small advertising budget due to word of mouth referrals and a great location. The business model includes several business related revenue streams. These include sales (new and used boats, accessories, lifts and docks), service (boat repairs, detailing, winterization, and install/remove docks) and storage (boats and trailers).
Averages – 2016 thru 2019
Revenue $2.2M
EBITDA $493,086
SDE $643,086
2020 Jan-Jun Revenue $1,496,111
2020 Jun YTD Book Net Income $ 438,349
The owners are nearing retirement and are looking for suitable buyers. A qualified buyer would have management and sales experience. Mechanical aptitude would certainly be a plus. Sellers will be willing to train a new owner during a transition period to be agreed upon.
Furniture, fixtures and equipment as well as inventory will be included in the sale. Equipment has an estimated value of $830,300.
Real Estate has an estimated fair market value of $1,800,000. This includes 8+ acres and over 90,000 sq. ft. for boat storage, service and showroom.
To learn more about this opportunity to own a boat sales, service & storage business, please contact broker for a Non-Disclosure/NDA.

Learn More About This Listing

Sign up for a free basic membership to start buying and selling. Learn about our membership plans.

By clicking "Join Now - It's Free" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.