Boat Dealership with Service & Storage Components

Not Disclosed, WA


Asking Price: Annual Revenue:
$3,750,000 $11,500,000

Automotive & Boats: Dealerships - Auto, Truck, Motorcycle


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RE: Boat Dealership with Service & Storage Components Broker: Bill Southwell
Owner Financing is Available!
The seller will finance 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $3,750,000
Annual Revenue: $11,500,000
Net Profit: Not Disclosed
Cash Flow: $850,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 546735781
Broker Reference #: BD2019

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Business Overview:

This business is one of the Pacific Northwest's premier boat dealerships. The product lines represented by the business support the recreational boater who is interested in boating with family, fishing, or waterskiing. In addition to boat sales, the business provides a one-stop-shop that includes an unrivaled service department, a large electronic component, parts and accessories departments, and boat storage

The renowned service department supports only certified technicians with multiple designations, including the prestigious Mercury Marine and Yamaha Marine CSI Awards that recognize marine dealers offering superior customer service.

The business is located in close proximity to the water and main traffic arterials. New boats are prominently displayed in the main building showroom. The current rent for all buildings utilized by the business is $20,000 per month, including NNN charges.

The ownership serves in a General Manager and Office Manager capacity. The business supports three other salaried positions: Sales Manager @ $60,000 + commissions; Service Manager @ $75,000,000 and a P&A/IT Manager @ $75,000. The business also employs three salesmen and 20-25 hourly employees earning $13.00-$26.00 per hour. The Sellers expect most salaried and hourly employees to stay-on with the business after the sale to insure a smooth transition.

The lead business broker for this company at IBA is Bill Southwell. Please contact Mr. Southwell or email us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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