Business Overview:
This Boat & Motor Sales and Service Company has served their loyal customers across the U.S.A. since 1955. They pride themselves in providing their customers with the absolute best products, pricing, and services available in the marine industry. They sell only top quality products. This business has been prequalified for a SBA 7(a) Proposed Purchase Scenario with a qualified buyer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets: $1,149,711
Market Competition and Expansion:
This last year 2010 was up 35% over 2009. Starting off this year with the 2011 Annual Boat Show they sold 27 boats which is a 35% increase over 2010. Two years ago they added a new product line which is still growing. Last year they also became a dealer for a high end Bass Boat here in the Midwest. They put up three large bill boards on the major interstate highways near their business. This has led to the increase in internet and walk-in traffic sales. Last year they saw an opportunity and added a "Bait Shack" to the operation. Live bait & tackle. "Stop by and check out their Bass & Crappie lures selection. YTD sales through July 2011 are up 21% over 2010.
Reason for Selling:
Retire and move south
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: