MergerPlace

Niche Reputable Tender Boats Dealer

Florida (Broward)


  • Asking Price: $995,000
  • Gross Income: $2,246,909
  • Cash Flow: $304,694
  • Real Estate: Not Disclosed
  • Inventory: $145,000
  • FF&E: $37,613
  • Listing ID: #210828
  • Established: 2005
  • Employees: 7 FT

Business Description

This company specializes in the sales and service of rigid bottom inflatable boats. They carry four product lines. The company started operations in 2005 selling only previously owned boats at the onset. They have a fully stocked parts department and service all brands of tenders. They are known worldwide and ship boats all over the world. Their reputation precedes them. They are known in the marine industry as the preferred yacht tender dealer and have a very well established internet sales business. Their internet presence is one of the best in the business as it relates to their products and services. They are centrally located off of major highways and roadways. They are within walking distance to major boat yards and marinas. This successful firm is fortunate to be located in the best city in the world for their yacht tender business. Their location is considered "The Yachting Capital of the World". Business may qualify for a VISA.


Business Details

Primary Business Category: Retailers - Miscellaneous
Location: Florida
County: Broward

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 7 FT

Financial Information

Asking Price: $995,000
Gross Revenue: $2,246,909
Cash Flow: $304,694
FF&E: $37,613
Inventory: $145,000
Seller Financing Available: Yes

Property Information

Facilities:

They have ample parking for 10 vehicles and have a very impressive facility. It is comprised of a high ceiling warehouse, a mezzanine and office space. Their facility is 5,700 sq. ft. which includes a second floor tender showroom and executive office space.

Growth & expansion opportunities:

They currently operate their business by purchasing most of their tenders with their own funds. This successful and profitable tender boat dealer is poised and is in a very strong position for future growth based on their excellent reputation. They continue to look for new product lines and additional ways of increasing their business.

Competition:

Their competition is primarily in their local area of south Florida. One of the many advantages that they have is the fact that they carry a few boat lines that essentially cannot be shopped and are not available anywhere else in the United States. They are truly in a niche space and the most reputable dealer in their industry.

Reason for selling:

Owner is ready to retire.

Support & Training:

Will train for 3 weeks @ $0 cost. They have all of their approved licenses filed with the city where they operate. The ideal buyer would have the following traits: a sales ability, warm service oriented personality, detail and task oriented and a knowledge of boats would be helpful. Seller will train the buyer with their operational procedures and the way of doing business.

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Business Listed By:

Anton Joro

Murphy Business Brokers