MergerPlace

Marina

Iowa


  • Asking Price: $750,000
  • Gross Income: $1,652,919
  • Cash Flow: $108,334
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $200,000
  • Listing ID: #207545
  • Established: 1963
  • Employees: 4 FT/ 2 PT

Business Description

Profitable well established marina located on the river providing sales, service, repairs, lifts, rentals, storage and fuel. Marina offers top of the line performance boats and pontoons. Marina is a factory authorized engine and boat dealer offering factory repairs and maintenance.


Business Details

Primary Business Category: Services - Other Services
Location: Iowa

Company Information

Year Established: 1963
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT/ 2 PT

Financial Information

Asking Price: $750,000
Gross Revenue: $1,652,919
Cash Flow: $108,334
FF&E: $200,000
Seller Financing Available: No

Property Information

Facilities:

The business is located on the river with great visibility and access. Buildings provide a new boat showroom, office and repair facilities along with indoor boat storage. Parking area is used for used boats as well as customer boats and parking.

Growth & expansion opportunities:

Marina has been in the area for over 40 years and has a great reputation for service and sales. New owner will be able to leverage more dock rental units and boat sales. Repair work and storage is an area that should grow with additional marketing and advertising.

Competition:

The marina is the only full service marina in the area and on the water.

Reason for selling:

Other business interest.

Support & Training:

Will train for 2 weeks @ no cost. Successful buyer should have sales and service skills as well as great customer service skills.

Contact Business Seller

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Business Listed By:

Michael Rooney

Murphy Business Brokers