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Asking Price:	$550000 USD USA Dollars
Business for Sale Industry:	Recreation: Outdoor
Yearly Revenues:	$1,000,000
Yearly Cash Flow:	$100000

Business for Sale Overview:

The Company is a West Michigan business that has been in existence for over 50 years. The Company’s sales include boats (new and used), motors, parts and other marine products, docks and slips, storage facilities and various other marine services. The current owner purchased the business more than 25-30 years ago and is willing to remain with the Company to assist in a smooth transition to the new ownership.

Property Features and Assets:

The Company owns a number of waterfront acres of real estate which is also available for purchase or lease. The Company was given a “Clean bill of health” by the Department of Environmental Quality in the recent past. Available for Lease or Sale

Market Competition and Expansion:

There are a number of opportunities for growth. The owner does very little with sales and marketing so advertising existing services would increase sales. A bait shop/convenience store could be setup to increase traffic and revenue. With mechanics on staff the Company could sell and service other items such as snowmobiles, motorcycles, etc… The internet could be utilized to sell the large variety of parts that the Company obtains from salvaged boats and engine replacements. Boat storage could be increased and RV storage could be added. The number of boat slips could be increased.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.