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Great Niche - RV & Boat Service Center and Body Shop

Vancouver, WA (Clark County)

Great Niche - RV & Boat Service Center and Body Shop
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Asking Price: $800,000

Cash Flow: $320,710

Gross Revenue: $1,358,979

EBITDA: N/A

FF&E: $26,200

Inventory: $25,000

Rent: $6,190 /Month

Established: 1998

Great Niche - RV & Boat Service Center and Body Shop

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Business Description

BUSINESS ACTIVITY: The Company is a full service recreational vehicle over the counter parts and accessories, repair, maintenance and body shop typically working on model year range from 1990 to current. Whether the customer needs just basic maintenance, to roof repair, to appliance replacement, to full remodeling and painting services the Owners have created a one stop repair shop.

With 12 service bays and experienced technicians to diagnose repair, the shop averages over 1,000 RV’s each year. The Owners are expanding the product mix to include boats. The Company has always completed routine maintenance, IE: winterization, but starting to emphasize this profit center.

HISTORY: In 1998 the Company was started as a mobile RV service center out of the Owners home. The first year of business the Owner was able to bill out $53,000 in parts and service invoices. He was enjoying setting his own schedule, going fishing during the week and making a great living. On the other hand, he started worry about what his retirement income would be.

The decision was made to hire an employee and to grow the business to the next level. Soon after hiring another employee the Owners decided that they needed to rent a bay so that they could complete work out of the weather and for customers to come to a brick and mortar location.

In 2000 the Owner found a location in Vancouver where they have been located for the past 20 years. The building that was rented was an unimproved warehouse space. As part of the lease agreement, the Company had three months of free rent, but they would have to build an office and bathroom to be compliant with the City of Vancouver’s occupancy laws.

The Company set up shop and started a parts department at the same time. They would order parts for a service order and would add an extra part for the self. This strategy has built the current parts and accessory department into what it is today.
Over time RV Pro was able to grow because other tenants left. The Company went from 1,000 square feet to 2,000 square feet and has grown into 10,000 square feet buildings. The Owners are still surprised that they had grown the Company sales revenues from $56,000 to $1,500,000.

The Owners are proud of the company that they have built. The Owners created a strong operation with well-honed policies and procedures. The foundation has been set for a new owner to grow the Company to the next level.

Attached Documents


Detailed Information

Location:
Vancouver, WA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
9,520
Lease Expiration:
12/31/2023
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is in two buildings for a total of 9,520 sq. ft. 1,500 sq. ft. is dedicated parts and accessories, 600 sq. ft for office, ands 7,420 sq. ft. of shop area. The current rent is $6,190 per month to month basis.
Growth & Expansion:
The Company has relied on their location and the current marketing strategy. The Company attends two RV shows a year, pays for web SEO, pay per click advertising, newspaper coupon advertising as well as sponsoring school and community events to ensure that Company’s name becomes a household name.
Support & Training:
Included in the purchase price is 30 to 45 days of training. Although employees are in place to operated the business with limited management.
Reason for Selling:
Seller is at retirement age.
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Bill Billingsley

Business Listed By:
Bill Billingsley

The CBB Group

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