Established East TN Boat Dealership W/ Real Estate

Business Overview:

Established over 40 years ago, this well-regarded East Tennessee boat dealership has built a 40+ year reputation for premium brands, strong service operations, and regional customer loyalty.

The business operates under a diversified revenue model including:

• New Boat Sales
• Used Boat Sales
• Service (approximately 50% of total revenue)
• Parts & Accessories

The service department provides recurring revenue and helps stabilize performance relative to unit-only dealerships.

The offering includes all operating assets, trade name, goodwill, furniture, fixtures, equipment, and the associated real estate (2.07 acres with a 13,320 SF facility). Inventory will be valued separately at closing.

Long-standing manufacturer relationships and experienced staff remain in place. The dealership serves a multi-state trade area across East Tennessee and surrounding regions.

The tournament division is excluded from the asking price but may be negotiated separately.

Asking Price: $3,300,000 (Business + Real Estate)

Proof of funds required prior to release of detailed financial information.

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Property Features and Assets:

Property Overview
•2.07 acres

•13,320 total square feet

•~8,000 sq ft service area

•3 service bays

•2 lifts

•Gravel rear lot with electric gates (installed 2020)

This offering represents the acquisition of a long-established, full-service marine dealership operating for more than four decades in the Southeastern United States.
The transaction includes both:
• The operating marine dealership • The underlying commercial real estate
The business and real estate must be sold together.
The dealership generates diversified revenue across:
• New boat sales • Used boat sales • Parts & accessories • Service & repair • Warranty labor & parts • Finance-related income (dealer reserve, as applicable)
A separate tournament-related business unit is excluded from the $3,300,000 asking price but may be negotiated separately.
2024 financial performance reflects a one-time inventory flooring financing restructuring. Buyers should evaluate normalized earnings when underwriting.

Market Competition and Expansion:

The recreational marine industry has normalized following elevated demand during 2020–2022. Current conditions reflect more traditional seasonal buying cycles. Dealerships with strong service departments and established customer bases remain well positioned. This business benefits from approximately 50% service and parts revenue, supporting recurring demand.

Opportunities exist to expand service capacity, optimize inventory mix, and enhance digital marketing initiatives. With an established regional reputation and diversified revenue mix, the business provides a platform for disciplined growth within a stable operating structure.

Reason for Selling:

Personal Reasons. Kindly ask the seller for more information.

Additional Details:

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