Reputable Inflatable Boat Dealer in South FL

Not Disclosed, FL
Broward County

Broward County

Asking Price: Annual Revenue:
$995,000 $2,246,909

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

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RE: Reputable Inflatable Boat Dealer in South FL Broker: Anton Joro

Quick Facts

Asking Price: $995,000
Annual Revenue: $2,246,909
Net Profit: Not Disclosed
Cash Flow: $304,694
Total Debt: Not Disclosed
FF&E: $37,613
Real Estate: Not Disclosed
Year Established: 2005
Employees: 7
BBN Listing #: 44784955
Broker Reference #: 1043-14555

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Business Overview:

This company specializes in the sales and service of rigid bottom inflatable boats. They carry four product lines. The company started operations in 2005 selling only previously owned boats at the onset. They have a fully stocked parts department and service all brands of tenders. They are known worldwide and ship boats all over the world. Their reputation precedes them. They are known in the marine industry as the preferred yacht tender dealer and have a very well established internet sales business. Their internet presence is one of the best in the business as it relates to their products and services. They are centrally located off of major highways and roadways. They are within walking distance to major boat yards and marinas. This successful firm is fortunate to be located in the best city in the world for their yacht tender business. Their location is considered "The Yachting Capital of the World". Business may qualify for a VISA.

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Property Features and Assets:

They have ample parking for 10 vehicles and have a very impressive facility. It is comprised of a high ceiling warehouse, a mezzanine and office space. Their facility is 5,700 square feet which includes a second floor tender showroom and executive office space. They typically carry an excellent inventory of their best selling models. They currently have a very strong selection of tools, fixtures and equipment in order to run the business. They also have a new state of the art security camera system and alarm system by ADT. They have an in depth inventory of parts they use on a regular basis and order additional parts and equipment as needed. Total Assets: $182,613

Market Competition and Expansion:

Their competition is primarily in their local area of south Florida. One of the many advantages that they have is the fact that they carry a few boat lines that essentially cannot be shopped and are not available anywhere else in the United States. They are truly in a niche space and the most reputable dealer in their industry. They currently operate their business by purchasing most of their tenders with their own funds. This successful and profitable tender boat dealer is poised and is in a very strong position for future growth based on their excellent reputation. They continue to look for new product lines and additional ways of increasing their business.

Reason for Selling:

Owner is ready to retire.

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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