IA

Marina
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Asking Price: $750,000

Cash Flow: $280,044

Gross Revenue: $1,664,798

EBITDA: N/A

FF&E: $200,000

Inventory: $440,542*

Established: 1963

*not included in asking price.

Marina

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Business Description

Profitable Marina

Profitable well established marina located on the river providing sales, service, repairs, lifts, rentals, storage and fuel. Marina offers top of the line performance boats and pontoons. Marina is a factory authorized engine and boat dealer offering factory repairs and maintenance.

Detailed Information

Inventory:
Not included in asking price
Employees:
4 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is located on the river with great visibility and access. Buildings provide a new boat showroom, office and repair facilities along with indoor boat storage. Parking area is used for used boats as well as customer boats and parking.
Competition:
The marina is is a full service marina with little competition in the area. The business does work for customers that live more than 150 miles away.
Growth & Expansion:
Marina has been in the area for over 40 years and has a great reputation for service and sales. New owner will be able to leverage more dock rental units and boat sales. Repair work and storage is an area that should grow with additional marketing and advertising.
Support & Training:
Will train for 2 weeks @ $0 cost. Successful buyer should have sales and service skills as well as great customer service skills.
Reason for Selling:
Other business interest.
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Michael Rooney

Business Listed By:
Mike Rooney

Murphy Business & Financial Corporation

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