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Businesses For Sale   >>   Other Retail Businesses For Sale

Large Boat Dealer For Sale

Location  Alabama,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $550000
Net Profit / Cash Flow  $350000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1984
Number of Employees  1 - 3
Inventory  150000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes
Reason for Sale  Personal financial reason

Are you looking for the right opportunity to do what you love and love what you do? How would you like to be the only boat dealer and repair shop in the area. You can be. There are currently over 30,000 boat owners in the area. This business is currently doing repairs and is backlogged for weeks. Owner is selling because of personal finances and he is unable to secure contracts from new boat dealers. A few years ago this store was doing over $5 million in new boat sales consistently. This shop is still doing a tremendous business in parts, repairs, and used boat sales. The only thing missing is a new owner who can come in and get contracts with new boat dealers. This area is desperate for a new boat dealership. Asking price includes about 300,000 in inventory, furniture, and equipment. They have been in business for 28 years. There is a large customer base of 4,000 repeat customers. Because the other dealerships in the area have closed, this store has picked up 200 new clients last year. New owner must also buy the real estate from the seller for an additional 750,000. This includes approximately 2 acres plus a 15,000 sq ft showroom and work shop. Owner may consider some financing for the right buyer.

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