Highly Profitable Marine Sales With Real Estate

Business Overview:

Exciting opportunity to own a highly profitable marine services business in a booming lake lifestyle area of Texas. Since 1962, this business has been a top boat dealer, partnering with marine industry leaders Crownline, Veranda, Xpress, NauticStar and Yamaha. The location has been recognized as the top-selling dealer over the last decade and continues to grow. The business sells and services both new and used boats, and customers enjoy an attractive store selling accessories and outdoor gear. Situated on 4.5 acres, the 10,000 sf building also has a 7,500 square feet service department with 3 bays, 3 additional outbuildings and area for expansion. The strengths of the business are its name recognition, its lack of competition in its area and a dedicated, knowledgeable and stable staff.

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Property Features and Assets:

Facilities:10,000 square feet shop, another 7,500 square feet in outbuildings.

Market Competition and Expansion:

Located in a high-growth area with upscale developments being built. At the current pace of growth, revenues are expected to increase 30% in 5 years.

Reason for Selling:

Retirement

Additional Details:

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