Business For Sale

Boat Dealership with Marine Parts & Repair Service

Not Disclosed, IA
Black Hawk County


Asking Price: Annual Revenue:
$115,000 $226,435

Automotive & Boats: Boat Storage and Marinas


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RE: Boat Dealership with Marine Parts & Repair Service Broker: Brain Brown

Quick Facts

Asking Price: $115,000
Annual Revenue: $226,435
Net Profit: Not Disclosed
Cash Flow: $36,992
Total Debt: Not Disclosed
FF&E: $28,930
Real Estate: $225,000
Year Established: 1994
Employees: 3
BBN Listing #: 72154955
Broker Reference #: 5001-14169

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Business Overview:

This is a great opportunity at a low price to own your own well-established, successful and fun business. This company has provided for the seller’s family and employees over the last quarter century.

Dealing with hobby and pleasure equipment sales and service can be rewarding. Every day seems to be a new adventure according to the seller. Appreciative customers help make it worthwhile beyond financial rewards.

Customers range from age 16 through 90 years old. In addition to individuals looking for fun, customers have included government agencies or organizations and businesses such as casinos. The distance customers travel spans up to 150 miles from the business.

Suppliers include recognized brand names with excellent reputations: Lowe Boats, Mercury and OMC motors / engines, Karavan and Shorelander trailers and Medart Marine.

Confidentiality nondisclosure agreement required.

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Property Features and Assets:

The great location near more than 10 lakes and a river offers excellent visibility and access. The facility is available for lease at a rate of $1500 per month in addition to property taxes, insurance and maintenance or purchase at price of $225,000 in addition to the business offering price. Or, the successful buyer may relocate the business. Real Estate offered by Murphy Business & Financial of the Heartland Corp., Cedar Rapids, IA, Brian Brown, Licensed Real Estate Broker in the State of Iowa. Asset= $28,930

Market Competition and Expansion:

While there may be several places to purchase boats, parts or accessories and service boats, there is no direct, local competition for the line of products and services offered by this offering according to the seller. The company’s strong customer base and past capabilities provide a platforms to increase market share and revenue through the investment of time, attention & capital in human resources, marketing and working capital.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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