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Boat Dealership & Dock Installation Company with Real Estate

VA

Seller Financing Available
Boat Dealership & Dock Installation Company with Real Estate
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Asking Price: $1,750,000

Cash Flow: $360,000

Gross Revenue: $3,300,000

EBITDA: N/A

FF&E: $95,000

Inventory: $225,000

Real Estate: $950,000

Established: 2002

Boat Dealership & Dock Installation Company with Real Estate

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Business Description

Includes Real Estate!

Highly profitable Virginia Boat and PWC (Personal Water Craft) dealer who also installs and services boat lifts and docks and has been prequalified for an SBA loan. They carry popular brand name boats, motors, trailers and PWC’s and are the premier dock and lift installation and service company in the area they serve. They have demonstrated sustained revenue growth and increasing profitability, are strategically located to serve their market and are positioned to expand with additional brands and types of recreational vehicles.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Property and buildings appraised at $800,000 in 2012. Steel frame building consisting of showrooms, service areas and small office area. Second floor consist of office and storage areas. Multiple canopy style covers are used for boat and PWC storage all located on 3.3 acres with multiple road access points.
Growth & Expansion:
The company recently added another technician to handle the service growth and the addition of branded recreational vehicles would assist in growing sales.
Support & Training:
The owner will supply 4 - 6 weeks of training, included in the price and is willing to discuss an extended transition plan at a mutually agreeable compensation rate.
Reason for Selling:
Owner wishes to retire.
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Contact the Seller

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Gavin Raphael

Business Listed By:
Gavin Raphael

Light & Raphael

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