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Performance Boat Co; Percent of Biz 4 Sale to Working Partner

Pompano Beach, FL (Broward County) (Relocatable)

Seller Financing Available
Performance Boat Co; Percent of Biz 4 Sale to Working Partner
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Asking Price: Get Financing: $499,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $2,000,000

Inventory: N/A

Established: 1994

Performance Boat Co; Percent of Biz 4 Sale to Working Partner

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Business Description

Perfect for a boating person with a sales and marketing experience

The company/brand is a highly regarded performance boat building company with boats from 22-37 feet. Configurations utilize both inboard/outboard and outboard models. The company also have an impeccable business reputation in the marine industry both with customers and vendors, almost a cult following. The hulls have a “patented step-hull design” that handles and performs flawlessly in smooth and rough waters off the coast of Florida. Each of the four molds cost $500K each. The company have enjoyed both national and international sales in the past and are well known. Partnership can be set up with a pre-determined formula to buy-out of the Seller.

Business was being build for the seller’s son, who was offered a sweetheart corporate job out of college, and he took it, leaving his dad (the seller) holding the bag. His dad is extremely busy with his body shop business, can’t do both. The business has been idling.

Seller willing to teach the ropes on how to ramp-up sales again, participating to poker runs and work the large fresh water boating lakes to set up dealers and generate sales. At one point, without a lot of effort, was selling 25 units a year.

Seller has a body shop next door, willing to mentor and assist for a period of time. Potential buyer should be knowable and enjoy boating to be able to talk the talk. Fun business working events.

Molds and equipment to build from start to finish all of our models. Models can be viewed on our website.

Detailed Information

Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 s/f warehouse with office and a yard.with 5,000 s/f, FMV rent $3,000 month.
Competition:
Offshore and lake boating. Competition include Baja, Donzi, Fountain, Cigarette and Nortech among others.
Support & Training:
Total support and training will be available for 24 months included in package.
Reason for Selling:
Has hands full with body shop next door, looking to relax a little, but will sta
Business Website:
http://activethunderboats.com
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Contact the Seller

(from currently available funds)
 
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Bob Dolan

Business Listed By:
Robert M Dolan

Dolan Sales, Inc.

Show Phone Number

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The New England Business Brokers Association (NEBBA).


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