MergerPlace

Boat Rental

Iowa


  • Asking Price: $1,350,000
  • Gross Income: $550,898
  • Cash Flow: $315,883
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $1,350,000
  • Listing ID: #199634
  • Established: 1960
  • Employees: 2 FT/12 PT

Business Description

A great opportunity to own a very profitable business with stable revenue. This is a fun part-time business offering full-time earning. Services offered include: Fuel, minor repairs, slip rentals, boat rentals and storage.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Iowa

Company Information

Year Established: 1960
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT/12 PT

Financial Information

Asking Price: $1,350,000
Gross Revenue: $550,898
Cash Flow: $315,883
FF&E: $1,350,000
Seller Financing Available: No

Property Information

Facilities:

The business is run on owned and rented real estate. The owner to negotiate a lease for the successful buyer. Lease with the option to purchase the real estate at a later date.

Growth & expansion opportunities:

Additional opportunity to grow would be to offer corporate outings for the day or several days. Chartered fishing is an opportunity the sellers are not doing. Overnight lodging and all inclusive cruises. Sightseeing tours of the Mississippi river.

Competition:

The field the seller is competing in is very small. Competitors in the area will send customers to the seller.

Reason for selling:

Owner is retiring.

Support & Training:

Will train for 2 weeks @ no cost. Successful buyer will need business development skills, marketing and administrative skills. Mechanical skills would be helpful or the ability to hire the skill set.

Contact Business Seller

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Business Listed By:

Michael Rooney

Murphy Business Brokers