Boat Dealer 1526
Location: Florida > Martin County
Industry: Auto Related > Auto Dealers
Financials
Asking Price: $6,800,000
Gross Revenue: $11,932,335
Cash Flow: $717,410
Inventory: $250,000 (Included in Asking Price)
FF&E: $165,000 (Included in Asking Price)
Real Estate: $3,300,000 (Included in Asking Price)
Seller Financing: Loan/Seller - Amt: 2,380,000 Mos: 120 Rate: 7.00 Mo Pmt: 27,633.82
Business Summary
One of S. Florida’s largest Sportfishing Boat & Motor Yacht dealers w/ 2 locations. New 17,000 sq ft building on 2.3 acres offers 6 National brands of new boats & yachts on display & is S. Florida’s number one power engine & re-power service providers. Huge on-site whse ensures boaters & other boat dealers receive same day engine deliveries.Almost 6,000 sq ft of show rm under a/c, w/ a huge well stocked parts dept. Service area has 3 lg. bays,certified techs & lots of parking & storage.Great Growth!
About the Business
Year Established: 1968
Employees: 22 full time -
Facilities: Lease/Month: 800 Square Footage: 700 Building Type: 2nd Sales Loc Terms & Options: 2 - 3 Yr Options Expiration Date: 6/30/2010
About the Sale
Management Training and Support: Seller will train for 2 weeks at no cost.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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