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Boat Dealer
Location: United States -> Illinois
Industry: Wholesale and Distribution > Wholesale and Distribution




Business Summary

This fast-growing company sells sport, fish, and express cruiser boats to a regional and national customer base. As a top dealer for one of the most prestigious marine craft manufacturers, the company has always exceeded expectations for sales and profitability. In addition, it was recently awarded a regional franchise for another, extremely popular boat line which is sold at a different price point. This will this bring in an important new customer base for future revenues.

With a strong marketing program in place, the company advertises in the most popular boating consumer publications and at boating shows. However, most of the company's new and repeat business is the result of its widely held reputation for honesty and integrity in the sale of both new and used boats. Well respected in the industry and by its customers, the company has developed a strong base of regular clients who are an excellent source of referrals.

Recreational boating is an economic powerhouse for the United States. During 2007, the number of boats in use rose to 17 million, generating $37.5 billion in sales and services. Future growth for the powerboat industry is being driven by positive demographics, as well as by continuous improvements in both engineering and luxury options. Despite the current economic slowdown, sales of recreational boats are forecast to increase 5.3% annually through 2011.

This is a fun, lucrative, lifestyle-based business that is well positioned to continue on its current growth trajectory. In addition to its expanded product line from the new franchise, there are considerable opportunities to increase revenues from the company's mechanical service capabilities and its used boat inventory. Contact for more information on this Boat Dealer business for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $25,021,000
Cash Flow:   $742,546
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  As needed to ensure smooth transition.
Reason For Selling:  Pursue other interests.




Print Listing Id: 70085714
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Related Searches: Wholesale and Distribution  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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