Speacialty Power Boat Distributor & Service Center For Sale

Business description

Specialty Power Boat Distributor & Service Center - San Diego County, CA

A great turnkey opportunity to own your own Boat Dealership and/or Service Center at a fire-sale price. These two companies have the same ownership: one company represents 2 of the largest and most recognized manufacturers of a unique power boat designed for speed, efficiency, cruising and fishing; the other company is a boat repair and service center as well as a dealer for a leading brand of outboard engines and parts. The Companies may be purchased together or individually.

The Companies have been in the business for seven years and are well-branded with excellent reputations in the industry. They are located on the water in an ideal spot that greatly enhances the potential for growth. Along with plenty of parking and space for inventory, the businesses include 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. They can be operated absentee.

Employees: Owner/Operator and 2 part-time employees. Monthly Payroll of approximately $4-7,000.

Facility: Lease cost of $1,200/month, 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 $35,000 and parts inventory of $56,000. Buyer can establish their own flooring line if necessary. Current line is approximately $600,000

Support/Training: Seller will provide training.

Asking Price: $ 285,000

Gross Revenues: 1,215,300 (9 mos. through 9/08)

Sellers Net Cash Flow: 75,400 (9 mos. Through 9/08)

For more information on this business opportunity, please contact: Jim Orth 866-644-9516 or j.orth@sunbeltnetwork.com.

Disclaimer: The above information is provided by the Seller. Neither Sunbelt Business Brokers of Riverside nor its agents have confirmed, verified or audited any information provided by the Seller and Agent or Broker makes no representation as to its completeness, accuracy or reliability. Due diligence efforts are the responsibility of the Buyer. Broker encourages Buyer to engage competent legal, accounting and other professional service providers to evaluate this business.

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:

Seller will not provide financing.

Furniture / Fixtures value:

$118,600 (included in the asking price)