Speacialty Power Boat Distributor For Sale

Business description

Specialty Power Boat Distributor - San Diego County Business Summary: A great turnkey opportunity to own your own dealership at a "fire-sale" price, this Company represents 2 of the largest and most recognized manufacturers of a unique power boat -- designed for speed, efficiency, cruising and fishing. A leading brand of outboard engines and parts is also available at dealer cost. The Company has established large protected territories for all of its boat lines. Additionally, the Owner has just been offered an additional niche line where the Company will be one of only five dealerships in the U.S. The Company has been in the business for seven years and is well-branded with an excellent reputation in the industry. Revenues have averaged $2,400,000 for the past 3 years. The Business is located on the water in an ideal spot that greatly enhances its growth potential. Along with plenty of parking space for inventory boats, the Business also has slips, a work yard and a boat ramp nearby. The Owner is highly motivated in order to focus time on another business. The ideal Buyer would be someone who loves the boating industry and the associated lifestyle. It can be operated absentee. General Information Employees: Owner/Operator and 2 part-time employees. Monthly Payroll of approximately $4,000. Facility: Lease cost of $1,200/month, expiring October, 2008 with 2 options to extend for 5 years each. Includes dock and end-tie space. Price Includes: Furniture, fixtures, equipment and improvements at a cost of $118,600. Buyer can establish their own flooring line if necessary. Support/Training: Seller will provide training. Asking Price: $ 375,000 Gross Revenues: 2,430,000 Sellers Net Cash Flow:

Property information

Real Estate:

Lease

Location:

1,100 sq ft building.

Other information

Support & training:

Seller will provide training.

Reasons for selling:

Other business ventures.

Trading hours:

Mon-Sat

Financing available:

SSeller will not provide financing.

Furniture / Fixtures value:

$118,600

Contact the seller