Acquire a new franchise marine dealership offering sales and service on pontoons, fishing boats, and center consoles.
Well-established with tenured staff and management, this dealership enjoys real goodwill within the community.
Performance Snapshot
Total Revenue:
• 2023: $6M
• 2022: $8M
• 2021: $7M
• 2020: $6M
• 2019: $4.3M
Gross Profit:
• 2023: $1M
• 2022: $1.5M
• 2021: $1M
• 2020: $930K
• 2019: $660K
Adjusted EBITDA:
• 2023: $300K
• 2022: $850K
• 2021: $500K
• 2020: $340K
• 2019: $165K
Offered For Sale:
• Offered as an Asset Sale, NOT a Stock Sale.
• Goodwill & Other Intangible Assets: To be negotiated
• Furniture, Fixtures, Equipment & Company Vehicles: Seller estimated value of $135K
• Plus Assets and Inventories: The dealership has approximately $88K in Parts & Accessories,
and new & used inventory in the amount of $1.4M, and a new vehicle inventory floorplan. New vehicle
inventories are financed 100% and would require a floorplan greater than $2M.
• Plus Real Property: Offered for sale at appraised value of $2,750,000.
The inventories are as of September 30, 2024. Final values will be determined as of closing.
Ad#:2293465
