Boat Dealership & Dock Installation Company with Real Estate

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Includes Real Estate!
Asking Price:
$1,750,000

Gross Revenue:
$3,300,000
Cash Flow:
$360,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$225,000
included in asking price

FF&E:
$95,000
included in asking price

Real Estate:
$950,000
included in asking price

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Business Description

Highly profitable Virginia Boat and PWC (Personal Water Craft) dealer who also installs and services boat lifts and docks and has been prequalified for an SBA loan. They carry popular brand name boats, motors, trailers and PWC’s and are the premier dock and lift installation and service company in the area they serve. They have demonstrated sustained revenue growth and increasing profitability, are strategically located to serve their market and are positioned to expand with additional brands and types of recreational vehicles.

About the Business

Location:
Virginia
Year Established:
2002
Real Estate:
Owned
Building Sq. Ft.:
7,000
Facilities:
Property and buildings appraised at $800,000 in 2012. Steel frame building consisting of showrooms, service areas and small office area. Second floor consist of office and storage areas. Multiple canopy style covers are used for boat and PWC storage all located on 3.3 acres with multiple road access points.
Growth & Expansion:
The company recently added another technician to handle the service growth and the addition of branded recreational vehicles would assist in growing sales.
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About the Sale

Reason For Selling:
Owner wishes to retire.
Training/Support:
The owner will supply 4 - 6 weeks of training, included in the price and is willing to discuss an extended transition plan at a mutually agreeable compensation rate.

Listing Info

ID:
1633917
Ad Detail Views:
0

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Business Listed by

Gavin Raphael

Light & Raphael

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