Recreational Boating Services

Oakland County, MI (Relocatable)

Recreational Boating Services
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Asking Price: $1,200,000

Cash Flow: $165,000

Gross Revenue: $580,000

EBITDA: $85,000

FF&E: $16,000

Inventory: N/A

Real Estate: N/A

Established: 2002

Recreational Boating Services

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Business Description

The business provides a variety of recreational boating services including sales, installing and removing docks and hoists, pick up drop off boats, full service repairs winterizing including shrink wrap and storage (indoor and outdoor) up to 600 boats, and brokerage of boats.The price includes business, real estate, FF&E, vehicles, inventory and good will.Equipment; Kubota tractor, Sierra STATS Computer, Shrink wrap guns, propane tanks (five-20 lbs., one 100 lbs.), propane heater, Triton 22’ Dual Axle Pontoon Trailer w/electric winch, Triton 26’ dual axle Pontoon trailer w/electric winch, Hoosier 24’ dual axel Pontoon trailer, Hoosier 25’ dual axle Tri-Toon hydraulic pontoon trailer. Vehicles 2004 GMC 1500 4x4 Sierra Pickup Truck, 2003 Chevrolet 1500 4x4 Silverado Pickup truck and 2000 Chevrolet 1500 4x4 Silverado Pickup Truck.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
14,800
Employees:
5full 3part
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Owned-Building 4800 sq. ft.: Land 4.3 acres Leased 10,000 sq. ft.
Competition:
6 competitors within a 20-mile radius
Growth & Expansion:
Expanding Sales of new docks and hoists; upgrade of website and utilization of social media; emphasis on assisting more customers in purchasing and brokering used boats; continued marketing of the services through the local networking groups and increased participation in community and charitable events.
Support & Training:
Owner will stay on to help during transition.
Reason for Selling:
Owner retiring.
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Robert Weed

Business Listed By:
Robert Weed

Apex Brokers, LLC

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