Asset Sale Description
Acquire a new franchise marine dealership offering sales and service on pontoons, fishing boats, and center consoles.
Well-established with tenured staff and management, this dealership enjoys real goodwill within the community.
Performance Snapshot
Total Revenue:
• 2023: $5.7M
• 2022: $7.8M
• 2021: $7M
• 2020: $6M
• 2019: $4.3M
• 2018: $3.8M
Gross Profit:
• 2023: $1.1M
• 2022: $7.8M
• 2021: $1.1M
• 2023: $930K
• 2022: $660K
• 2021: $500K
Adjusted EBITDA:
• 2023: $300K
• 2022: $850K
• 2021: $500K
• 2023: $340K
• 2022: $170K
• 2021: ($55K)
Offered For Sale:
• Offered as an Asset Sale, NOT a Stock Sale.
• Goodwill & Other Intangible Assets: To be negotiated
• Furniture, Fixtures, Equipment & Company Vehicles: Seller estimated value of $100K
• Plus Assets and Inventories: The dealership has approximately Parts & Accessories,
and new & used inventory in the amount of $2.7M, and a new vehicle inventory floorplan. New vehicle
inventories are financed 100% and would require a floorplan greater than $3M.
• Plus Real Property: Offered for sale at appraised value of $2,750,000.
The inventories are as of December 31, 2023. Final values will be determined as of closing.
Well-established with tenured staff and management, this dealership enjoys real goodwill within the community.
Performance Snapshot
Total Revenue:
• 2023: $5.7M
• 2022: $7.8M
• 2021: $7M
• 2020: $6M
• 2019: $4.3M
• 2018: $3.8M
Gross Profit:
• 2023: $1.1M
• 2022: $7.8M
• 2021: $1.1M
• 2023: $930K
• 2022: $660K
• 2021: $500K
Adjusted EBITDA:
• 2023: $300K
• 2022: $850K
• 2021: $500K
• 2023: $340K
• 2022: $170K
• 2021: ($55K)
Offered For Sale:
• Offered as an Asset Sale, NOT a Stock Sale.
• Goodwill & Other Intangible Assets: To be negotiated
• Furniture, Fixtures, Equipment & Company Vehicles: Seller estimated value of $100K
• Plus Assets and Inventories: The dealership has approximately Parts & Accessories,
and new & used inventory in the amount of $2.7M, and a new vehicle inventory floorplan. New vehicle
inventories are financed 100% and would require a floorplan greater than $3M.
• Plus Real Property: Offered for sale at appraised value of $2,750,000.
The inventories are as of December 31, 2023. Final values will be determined as of closing.
Detailed Information
- Years in Operation
- 54
- Facilities & Assets
- Well-maintained facilities with pride of ownership.
Listing Info
- ID
- 2293465
- Listing Views
- 652
Listing ID: 2293465 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
