Award-Winning Marine & Powersports Dealership

MN

Award-Winning Marine & Powersports Dealership
Contact Seller

Asking Price: N/A

Cash Flow: $690,000

Gross Revenue: $10,000,000

EBITDA: N/A

FF&E: $375,000

Inventory: $1,100,000

Real Estate: $1,700,000

Established: 2007

Award-Winning Marine & Powersports Dealership

Save Print Share Valuation Report

Business Description

Dealership with Two Locations in Heart of Minnesota Lake Country

In excellent standing, this well-established, award-winning dealership offers boats, pontoons, and powersports (i.e. personal watercraft, ATVs, UTVs and snowmobiles) with two locations in the heart of Minnesota lake country.

The dealership presents some of the most outstanding and well-known marine brands in the market including: pontoons, fishing boats, deck boats, runabouts and personal watercraft. In addition, it sells and services a leading brand of ATVs, UTVs and snowmobiles.

The dealership itself has grown to be a highly recognized and utilized brand in the Minnesota market drawing customers from a five-state area — due, in part, to its two strategic locations.

The first dealership is located on a multi-acre site, owned by the business, which includes significant and highly visible frontage on a major highway with excellent access. The attractive, modern facility has an expansive indoor showroom, large shop area, five office spaces along with parts storage and warehouse.

The second dealership is located in one of the most popular lake-destination areas in the state, with frontage on a high-traffic artery to some of the region’s most prized lakes. The leased facilities include: large indoor showroom and shop area plus parts storage and warehouse. The lease terms for this property are very reasonable, including an opportunity to purchase the property.

Additionally, the dealership has a well-qualified and experienced staff in place with key personnel fully capable of managing general operations including: hiring, scheduling employees, inventory planning and purchasing, vendor management, AR, AP, payroll, bookkeeping and tax filings.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
20,760
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two full-service, well-staffed locations. Both in modern facilities. One provides 10,000 square foot showroom, 5,000 square foot shop area and 5,700 square feet office space, parts storage and warehouse. The second has 9,500+ square feet of indoor showroom, a 3,600 square foot shop area, and 10,000 square feet of parts storage and warehouse. Both are positioned on high-traffic arteries. Both locations offer well-known marine and powersports brands.
Competition:
Location, location, LOCATION! Few marine and powersports businesses have comparable exposure to their direct market simply as a result of geography. In addition to researched positioning of its locations, the dealership has diligently negotiated its brand territories and fiercely defended them. Additionally, consistent creative advertising has set the dealership apart making the business itself a very recognizable brand.
Growth & Expansion:
The business has taken enormous, and daring, strides in development, expansion and recognition over the course of current ownership giving way to potential for future growth through: 1.) continued expansion of product lines providing opportunity to broaden the scope of sales and customer base, 2.)continued advancement of digital marketing, e-commerce/online retailing and staff development to maintain steady growth in these areas, 3.)continued growth in service revenue demonstrated by consistent backlog of service work but will require additional staff.
Support & Training:
The dealership has a seasoned staff capable of fully handling day-to-day operations. The owner is open to providing support, invaluable knowledge and business acumen during transition.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Not Disclosed

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1593071 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Cheba Hut - Toasted Subs

Franchise Opportunity In MN
Cash Required: 350000