Partial Ownership in Marine Sales & Rental Business with Real Estate

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Includes Real Estate!
Asking Price:
$350,000

Gross Revenue:
$1,500,000
Cash Flow:
$75,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
not included in asking price

FF&E:
$20,000
included in asking price

Real Estate:
$150,000
included in asking price

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Business Description

Light & Raphael is pleased to offer for sale partial ownership in a successful marine sales and rental business in Southern Virginia. Partial ownership in the real estate is included in the purchase. The entire real estate is assessed at $444,000.

The company sells and repairs a vast array of boats. They also offer storage as well as pick-up and delivery of boats as needed. Rentals include boats, kayaks and paddleboards.

Financing possible for a qualified buyer.

Seller will provide support and training following the sale.

About the Business

Year Established:
2005
Number of Employees:
5
Real Estate:
Owned
Facilities:
Location is owned
Growth & Expansion:
Economic indicators are working in the industry’s favor—a continuously improving housing market, strong consumer confidence, growing disposable income and consumer spending, and low interest rates all contribute to a healthy recreational boating market.
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About the Sale

Reason For Selling:
Owner wishes to pursue other business interests.
Training/Support:
Owner will assist with business transition

Listing Info

ID:
1524497
Ad Detail Views:
526

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Business Listed by

Gavin Raphael

Light & Raphael

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U.S. Census Data for Mecklenburg County, VA
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U.S. Community Survey Data for Mecklenburg County, VA
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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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