Hot Listing
Boat Sales and Maintenance Business in Excellent Location
Business Description
Now Accepting Offers
Please call Agent for More Information
This very successful power boat sales and maintenance business was started in 1972 and has been family owned and operated from its beginning. Located in a full-service marina with Chesapeake Bay access, the business has been a leading retailer of new and used boats in the area.
The business has a full complement of employees who will stay including sales, service writers, technicians, and admin. The Seller processed new and used boat purchases, handled financial matters, and worked with customers to resolve difficult issues. His wife provided bookkeeping and payroll services. Both will stay up to 90-days for a smooth transition and then after for a reasonable period of time as a paid consultant if required.
A full price sale will include over $1,500,000 in inventory of all new and used boats, accessories, FF&E, parts and supplies. The relationship with several popular brand-named boat manufacturers are key to the success of the business, and the Seller has taken great care in maintaining a pristine relationship with them over the years. The business has no debt, and all inventory is owned not floor planned.
A new long-term lease must be negotiated with the landlord but is readily available.
For more information contact the exclusive agent. A signed NDA and buyer's profile is required.
Please call Agent for More Information
This very successful power boat sales and maintenance business was started in 1972 and has been family owned and operated from its beginning. Located in a full-service marina with Chesapeake Bay access, the business has been a leading retailer of new and used boats in the area.
The business has a full complement of employees who will stay including sales, service writers, technicians, and admin. The Seller processed new and used boat purchases, handled financial matters, and worked with customers to resolve difficult issues. His wife provided bookkeeping and payroll services. Both will stay up to 90-days for a smooth transition and then after for a reasonable period of time as a paid consultant if required.
A full price sale will include over $1,500,000 in inventory of all new and used boats, accessories, FF&E, parts and supplies. The relationship with several popular brand-named boat manufacturers are key to the success of the business, and the Seller has taken great care in maintaining a pristine relationship with them over the years. The business has no debt, and all inventory is owned not floor planned.
A new long-term lease must be negotiated with the landlord but is readily available.
For more information contact the exclusive agent. A signed NDA and buyer's profile is required.
About the Business
- Years in Operation
- 53
- Employees
- 6
- Market Outlook / Competition
- There are several competitors in the region, however, the brand names carried by this business are considered to be the top brands in the industry and they are not available from regional competitors.
- Opportunities for Growth
- This business has an amazing growth potential by improving on-line marketing and sales, hosting events at it's location, offering rentals, fractional ownership, and opening additional sales locations.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,000
- Rent
- $5,129.00 per month
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Number of Weeks Seller Will Offer Training: 3
Listing Info
- ID
- 2369927
- Listing Views
- 883
Listing ID: 2369927 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.
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