Seller's Contact Information

  • RE:  Boats And Watersports, Sales, Service And Parts
  • Contact:  Brian Southworth

Quick Facts

Asking Price: $900,000
Annual Revenue: $2,560,434
Net Profit: Not Disclosed
Cash Flow: $474,712
Total Debt: Not Disclosed
FF&E: 64,393
Real Estate: Not Disclosed
Year Established: 1976
Employees: 9
BBN Listing #: 93234955
Broker Reference #: 8003-17414

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Business Overview:

This company is the largest marine service center in market it serves and was awarded the “Best Marine Business' in its market for 3 consecutive years 2020, 2021 and 2022. They pride themselves on 36 years of servicing all makes and models of inboard and sterndrive boats. They have been the market's premier water sports dealer since 1976. Offering the finest in performance towboats and family fun boats since 1985 they have now focused their attention on quality pre-owned boats. They have a climate-controlled showroom and have recently expanded their water-sports and parts departments. Offering a  wide selection of waterskis, surfboards, wakeboards, paddle-boards, ski vests, tubes and boat supplies.

Their marine service department is OPEN ALL WINTER, for everything from simple oil changes and tune-ups, to engine replacements, boat detailing, fiberglass repair (both minor and major damage), wakeboard tower installations, and any work their customers' boats may need.

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Property Features and Assets:

This amazing facility is located adjacent to the intersection of two major thoroughfares in the region. With high daily traffic counts in excess of 150,000 cars per day. The building is 12,710 square feet and is situated on 1.1 acres (47,420 square feet.).   The building is fully utilized with 50% of the building comprising the showroom, parts department and offices. The remaining 50% of the building is the boat service shop.  The yard is 70% graveled and 30% paved with security cameras throughout.  Assets = $216,856

Market Competition and Expansion:

Owner states, 'We are the only boat business of our kind in the region and people seek us out. Our strong reputation for quality boat sales and service is among our many competitive strengths. The company is positioned geographically and strategically for growth through acquiring additional employees and increasing labor rates.

Reason for Selling:

Retirement.

Additional Details:

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

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