| Asking Price |
$2,900,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,000,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1998 |
| FF&E |
N/A | Employees | 10,000 |
* included in the asking price
** not included in the asking price
This is a rare opportunity to purchase a well established and reputable Marine Sales and Service Business in E. Tennessee. Easy access off I-75. Currently owner-operated. This business generates sales in excess of $1M per year selling top line boats and accessories from Mercury Marine, Mercruiser, Honda, Evinrude, Johnson, Crest Pontoon and SeaArk, along with Polaris ATVs. Service is provided by an in store certified 17 Time Master Technician which has secured vast repeat business. The 10,000 sq.ft. building is in immaculate condition, with six offices, extensive service and storage areas as well as the inviting and spacious showroom. The building sits on approx. three acres and offers the additional opportunity for increased income from boat/RV storage, which is very much in demand and a profitable revenue stream. The business is located very close to beautiful Norris Lake which boasts over 20 marinas on its 800 miles of shoreline. Due to the extensive vacation and recreational opportunities, Norris Lake attracts thousands of visitors each year from the surrounding states, many of whom are loyal customers of this business. After 20 successful years, (10 at this location) Seller wishes to retire but is willing to spend time with a new owner and make introductions to vendors and clients. Market outlook is excellent due to unfortunate recent events in the neighboring KY lake (which is expected to last for another seven years), resulting in boaters and vacationers heading to Norris Lake, TN.
Facilities: Approx. 3 Acres. Free Standing Building. Real Estate
Competition: Easy I-75 access. Mountain & Lake vacation location.
Financing: Negotiable

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