Boat Sales Services Marina & Parts Business For Sale

Business description

This sale includes 2 wonderful businesses. For more information on the other half of this great deal.
These two offerings have a combined EBITDA of $941,700 and combined Gross of 4,546,000! Don't miss out on this incredible deal!
Name, recognition, reputation, profitability, established patronage, growth capabilities, diversity, location, and priced to sell – all of these attributes make this boat retail and service offering a sound venture for the fortunate party who acquires it. This fabulous business is an authorized vendor of name brand cruisers, wakeboards, ski boats, pontoons and runabouts. The business offers new as well as pre-owned boats. This fine listing includes a marina with 60 wet slips in great condition. They are a nationally recognized service year after year providing their customers with the assurance that their boats will be maintained with the highest standards. Call today for full details for this exciting business!
This exceptional business is on approximately 1200' of shore line with 6 rental condos and apartments. They utilize a large office and shop space. Their service department is fully staffed by certified & factory trained mechanics with over 50 years of combined experience in Marine repair. They have been ranked in the top ten several years and ranked #2 nationally by national boat line for 2 consecutive years using the marine industry’s (CSI) customer service index. This wonderful business provides service and repair year around. They carry parts to repair most boats and are an authorized repair center for Mercruiser.
Along with new and pre-owned boat sales, a Mercruiser certified shop, boat storage and slips, store and fuel dock, they provide: engine repair, stern drive repair, gen set repair, A/C repair, in board repair, tune – ups, bottom paint, fiberglass Repair and winterization's.

Property information

Real Estate:

Real Property Included

Premises details:

This wonderful business is located in a high traffic area on 3 acres of land with 1200-1300' of beautiful shoreline. There is a shop area, a 2 story apartment, bath house, office area, condos and a ship store. There is room for expansion if a new owner wishes to utilize this. The total value of all property included for both businesses is $6,000,000.

Other information

Expansion potential:

Building more slips for rental as well as building 2 more condos would help with the growth of the business. Additional profit centers for a new owner could be to offer boat rentals and add a more aggressive approach in the boat sales department.

Competition / Market:

With 65% repeat business, This business's popularity can be attributed mainly to their strengths and advantages in the areas of reliability, integrity, quality of work, timeliness of response, competitive pricing and geographic location.

Support & training:

Owner will stay for 2 months to help acclimate new owner to the business, area and customers. Employees will likely stay on after the sale if new owner wishes.

Reasons for selling:

Retire

Trading hours:

In season,
8:30-5:00pm, Fri-Sat 8-7

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable Under 30%

Furniture / Fixtures value:

$225,000 (included in the asking price)

Inventory / Stock value:

$75,000 (included in the asking price)