Highly Profitable Boat Dealer-369142-PE

Listing Number: 9525-369142

Description

This business was established in 2002 as a part-time supplemental venture, which later expanded to a full time business in 2004. Over the years, the business has built a strong reputation and consistently increased sales volume. By leveraging this success, the business was able to obtain industry credit lines exceeding $3,000,000. Through effective website management, extensive boat show marketing, and advertising, the business has successfully sold boats nationally and internationally, with annual sales exceeding 100 boats. In 2018, the owner committed to full-time management, resulting in significant growth in sales volume from $2,000,000 in 2017 to $4,300,000 in 2022. As a result of this growth, the business moved to an expanded facility in 2022.

Listing Details

• Price: $2,500,000
• Down Payment: $2,500,000
• Sellers Discretionary Earnings: $592,748
• Total Sales: $4,371,570
• Location: Central Virginia City, Virginia


• Inventory: $0
• FF&E: $0
• Employees: 5
• Year Established: 2002
• Reason for Selling: Retirement
• Category: Marine Related