Official Dealer in New & Used Luxury Powerboats For Sale

Business description

Established in 1990, this business is a specialist in the sale and service of power boats and sailing yachts. Situated in an ideal location, this business is firmly established as one of the leading companies in its sector catering for the English and other Europeans.
This business offers a wide range of powerboats, luxury boats and yachts for sale. But sales are just part of the full range of services this business offers. It is very much a one stop shop, catering for all a boat owner’s needs including arranging berthing facilities throughout Spain and full service and maintenance - scheduled engine and gearbox servicing, hull maintenance and cleaning and guardinage services, gel coat repairs and polishing as well as insurance and even boat handling tuition and RYA course training through an associated Sea school!
This business is an exclusive dealer within its area for some of the biggest brands in the sector able to provide new models with a full warranty and after sales service, working very closely with the manufacturers. Prices range from as little as €50,000 to several million Euros. The business also offers a wide range of pre-owned powerboats from its brokerage listings, often arranging trade in deals – often brokering a customer’s current boat whilst supplying them with a new one.

Property information

Property:

Leasehold

Lease terms:

Owned by the business the property was recently valued at €150,000 and is available in addition to the Asking price of £600,000. Rates are just €200 per annum.
The business also rents additional storage space within the boatyard at the Marina totalling a further 32 square metres. Used for the tools and materials required for servicing and maintaining boats the premises are rented at a cost of €250 per month.

Location:

The business operates from very well suited office premises prominently situated in the Marina of one of Spain’s most popular resorts – adjacent to the entrance road to the Marina itself. Approximately 60 square metres in all, open plan, incorporating staff work stations, a reception desk, sofa and comfortable seating area for customers, the office, based on the first floor of the Commercial Centre also features a selection of boats for sale in the windows.
Owned by the business the property was recently valued at €150,000 and is available in addition to the Asking price of £600,000. Rates are just €200 per annum.
The business also rents additional storage space within the boatyard at the Marina totalling a further 32 square metres. Used for the tools and materials required for servicing and maintaining boats the premises are rented at a cost of €250 per month.

Other information

Expansion potential:

The current market for this business is competitive but growing and is forecast in the near and longer term for significant growth. With its exclusivity as dealers in certain brands within its territory the business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market:

As exclusive dealers within its territory for a number of major brands, a large proportion of marketing activity is undertaken in conjunction with the major manufacturers – listings as main distributors in the major trade press publications, working on their stands at boat shows in both the UK and Spain for example. The business also has a very high profile office in one of Spain’s most prestigious marinas and where the vast majority of its key target audience is located. The business also has a very well designed, informative and easy to navigate website that performs very well in all the major search engines for all appropriate search topics. By far the most cost effective form of marketing however is the significant word of mouth recommendation the business enjoys, testimony to its long standing presence in the marketplace and its excellent reputation.

Support & training:

The current Owner will be pleased to assist in the handover of the business to ensure a smooth transfer to new ownership.

Reasons for selling:

Having been involved in the business for a number of years the current Owner feels the time is right to pass it on to new Owners, to build on the excellent foundations already laid and fully realize the full potential there undoubtedly exists in the business.