Owner Retiring

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Profitable, long established, excellent reputation
Asking Price:
$250,000

Gross Revenue:
$750,000
Cash Flow:
$103,000
EBITDA:
$70,400
Inventory:
$548,000
included in asking price

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

Real Estate:
$400,000
not included in asking price

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Business Description

Excellent margins on Store sales, Service, Rentals, and Storage. Good margins on New and Used Boat sales, Motor sales, and Trailer sales.

About the Business

Year Established:
1986
Number of Employees:
5
Real Estate:
Owned
Building Sq. Ft.:
4,500
Facilities:
3 acres with Store and Service buildings
Website:
fairleemarine.com
Market Outlook/
Competition:
Not much competition. Competitors over the years have mostly gone out of business. Customers often travel 50-75 miles just to get their job Done Right!
Growth & Expansion:
Some limits to growth-- mainly due to low population density. New boat lines could be added to significantly increase volume.
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About the Sale

Reason For Selling:
Retiring after 32 years.
Training/Support:
Can train new owner as needed.
Seller Financing:
Sale price includes assumption of floorplan and working capital debt

Listing Info

ID:
1407078
Ad Detail Views:
132

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Business Listed by
Robert Bartlett

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

Gender

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
Income

Education

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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