Boat Dealership & Dock Installation Company

Not Disclosed, VA

Asking Price: Annual Revenue:
$1,595,000 $3,300,000

Automotive & Boats: Marine Repair, Retail, Parts & Service

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RE: Boat Dealership & Dock Installation Company Broker: Gavin P Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $1,595,000
Annual Revenue: $3,300,000
Net Profit: $360,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $95,000
Real Estate: $950,000
Year Established: 2002
Employees: Not Disclosed
BBN Listing #: 29848609
Broker Reference #: Not Disclosed

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Business Overview:

Highly profitable Virginia Boat and PWC (Personal Water Craft) dealer who also installs and services boat lifts and docks and has been prequalified for an SBA loan. They carry popular brand name boats, motors, trailers and PWC’s and are the premier dock and lift installation and service company in the area they serve. They have demonstrated sustained revenue growth and increasing profitability, are strategically located to serve their market and are positioned to expand with additional brands and types of recreational vehicles.

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Property Features and Assets:

Real estate was appraised at $800,000 in 2012. Steel frame building consisting of showrooms, service areas and small office area. Second floor consist of office and storage areas. Multiple canopy style covers are used for boat and PWC storage all located on 3.3 acres with multiple road access points.

Market Competition and Expansion:

The company recently added another technician to handle the service growth and the addition of branded recreational vehicles would assist in growing sales.

Reason for Selling:

Owner wishes to retire.

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.

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