Complete Boating Store And Marine Rentals For Sale

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Business Description

The Ultimate Boating Experience! Complete Boating Store and Marine Rentals For Sale For $260,000 plus the cost of the existing debt approximately $210,000. Established in 1986, this business has a vast selection of boats, and 2,000 sq.ft of accessories, hardware, lubricants, paints and parts. Plus the most experience mechanics--who specialize in just boats. Boats include: Rowboats, pontoons, fishing boats, ski boats, family boats, sailboats, canoes, kayaks, paddle boards and paddle boats--both new and used. They also have trailers, motors, docks, fishing supplies, recreational gear, fishing supplies and gear, life jackets, water-skis, wake board, knee boards, replacement fittings--seats etc --propellers, boat lifts--you name, it--they have it all!. They have all the necessities to repair and maintain and fit out Honda, Mercury, Mercruiser, Johnson, Evinrude, Bombardier, older OMC and more. Over 30 years ago in this very popular area of Vermont. The rental part of the business is growing and very profitable. There is very little competition here also--making this an attractive acquisition. Half of the marine rentals are on the Connecticut River. This is a seasonal business and employs 5 full time employees to work 7 days a week when open from March to Labor Day. They are closed from Thanksgiving to March 15th One building was built in 1950 and an additional building was constructed in 1980. The sale includes approximately $500,000 in inventory, Approximately $20,000 in Furniture, Fixtures and Equipment and approximately $40,000 in additional assets which comprise of the rental units. Owner is selling as he needs to retire and is looking for a cash deal.Great opportunity. Call for more information.

About the Business

Year Established:
1986
Number of Employees:
5
Relocatable:
Yes
Real Estate:
Leased
Facilities:
The location could not be better near the Connecticut River in Orange County, Vermont. This is a place where you can experience a friendly and warm welcome and feel a genuine sense of community. This area pulls in tourists from Canada, Massachusetts, Eastern Vermont and Western New Hampshire and beyond. Call now to hear more and be part of this great place to live and operate a business.
Market Outlook/
Competition:
Very little competition
Growth & Expansion:
A new enthusiastic Owner could do well
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About the Sale

Reason For Selling:
Owner is ready to retire
Training/Support:
Owner offers both training and support, if required.
Seller Financing:
Cash Deal Wanted

Listing Info

ID:
1341696
Ad Detail Views:
129
Asking Price:
$260,000

Gross Revenue:
$800,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$500,000
included in asking price

FF&E:
$60,000
included in asking price

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Business Listed by

James Baker

Matchmaker Business, Inc.

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U.S. Census Data for Orange County, VT
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Orange County, VT
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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