Price Reduced! Profitable New/Used Boats Motors
Not Disclosed, MN Not Disclosed
Seller's Contact Information
- RE: Price Reduced! Profitable New/Used Boats Motors
- Contact: Pat Steffl
Quick Facts
| Asking Price: | $750,000 | |
| Annual Revenue: | $2,983,724 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $344,973 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $185,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2005 | |
| Employees: | 7 | |
| BBN Listing #: | 64704955 | |
| Broker Reference #: | 5101-16555 |
Business Overview:
This is a consistently profitable marine and sports center in a Minnesota region known for fishing and water recreation. New owner will need to secure floorplan with lender for some inventory and purchase or floorplan the inventory owned by the seller. Owner owns about $500,000 of inventory. This number fluctuates and will be counted prior to sale and included in total price.
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Property Features and Assets:
12,300 square feet building with 2 additions to accommodate the consistent growth of the business. Heat and AC, insulated, concrete floor. Large asphalt and tar lot with showroom for inventory which sits on 4.35 acres of land. Located on a high traffic area with highway frontage. Assets = $185,000.
Market Competition and Expansion:
Very strong market for this business type. Normal level of competition in the area, but this business is producing extremely strong returns. Sports and Marine market is very strong. Business is experiencing strong growth over the last few years.
Reason for Selling:
Transition to new opportunity.
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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