High Growth Lake Products/Services w/Real Estate

Not Disclosed, MN

Asking Price: Annual Revenue:
$1,795,000 $1,482,052

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

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RE: High Growth Lake Products/Services w/Real Estate Broker: Russell Bengston
Owner Financing is Available!

Quick Facts

Asking Price: $1,795,000
Annual Revenue: $1,482,052
Net Profit: Not Disclosed
Cash Flow: $331,667
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 622850297
Broker Reference #: 17441-649316

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Business Overview:

Price includes 30,000 sq ft of building storage on 13.5 acres.
This rapidly growing business specializes in docks/lift sales, boat and pontoon storage plus zero turn mower and trailer sales. Located in the northern Minnesota lakes region, they have become widely known for standing behind the products they sell and install. The successful buyer will be able to hit the ground running with ongoing operations and multi-year repeat customer records and references.
Their top of the industry product lines are in high demand, and customers mentally associate their products with fun, recreation, and enjoyment.

Eleven-year history of growth by adding industry leading products with outstanding customer service. Built boat storage business since 2018 with four new buildings full of lake toys.

Revenue growth in 2020 exceeded 40% with major additional growth planned for 2021 and beyond. Additional growth is available through adding services and expanding boat storage facilities.

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Reason for Selling:

Other business interests.

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.

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