MergerPlace

Boat Dealership with Marine Parts

Iowa (Black Hawk)


  • Asking Price: $115,000
  • Gross Income: $226,435
  • Cash Flow: $36,992
  • Real Estate: $225,000
  • Inventory: Not Disclosed
  • FF&E: $28,930
  • Listing ID: #207915
  • Established: 1994
  • Employees: 2 FT / 1 PT

Business Description

This is a great opportunity at a low price to own your own well-established, successful and fun business. This company has provided for the seller’s family and employees over the last quarter century.

Dealing with hobby and pleasure equipment sales and service can be rewarding. Every day seems to be a new adventure according to the seller. Appreciative customers help make it worthwhile beyond financial rewards.

Customers range from age 16 through 90 years old. In addition to individuals looking for fun, customers have included government agencies or organizations and businesses such as casinos. The distance customers travel spans up to 150 miles from the business.

Suppliers include recognized brand names with excellent reputations: Lowe Boats, Mercury and OMC motors / engines, Karavan and Shorelander trailers and Medart Marine.

Confidentiality nondisclosure agreement required.


Business Details

Primary Business Category: Services - Other Services
Location: Iowa
County: Black Hawk

Company Information

Year Established: 1994
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT / 1 PT

Financial Information

Asking Price: $115,000
Gross Revenue: $226,435
Cash Flow: $36,992
FF&E: $28,930
Real Estate: $225,000
Seller Financing Available: No

Property Information

Facilities:

The great location near more than 10 lakes and a river offers excellent visibility and access. The facility is available for lease at a rate of $1500 per month in addition to property taxes, insurance and maintenance or purchase at price of $225,000 in addition to the business offering price. Or, the successful buyer may relocate the business. Real Estate offered by Murphy Business & Financial of the Heartland Corp., Cedar Rapids, IA, Brian Brown, Licensed Real Estate Broker in the State of Iowa.

Growth & expansion opportunities:

The company’s strong customer base and past capabilities provide a platforms to increase market share and revenue through the investment of time, attention & capital in human resources, marketing and working capital.

Competition:

While there may be several places to purchase boats, parts or accessories and service boats, there is no direct, local competition for the line of products and services offered by this offering according to the seller.

Reason for selling:

Retirement.

Support & Training:

Opportunities stem from focusing on niche, relationships, & service. The seller could be available for one month or more of part-time, onsite training at no additional cost. Additional training & support negotiable. A successful buyer will need to replace the seller's duties in general management, human resources, sales and shop oversight and replace the mechanic.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Brain Brown

Murphy Business Brokers