Description
Our firm is proud to present this long-established marine dealership located in the heart of Oakland County. The dealership is a full-service provider for all aspects of the boating industry. They offer new boat sales, outboard engine sales, and a brokerage service for used boats, along with financing options for new and used watercraft. Additionally, the business provides watercraft service and repair, including engine maintenance, oil changes, tune-ups, complete engine rebuilds and winterizing for all watercraft, along with sales of hoists and docks. They also offer indoor and outdoor watercraft storage, shrink-wrapping, and hauling. The dealership stocks a wide range of parts and accessories for all types of watercraft and applications.
The business sits on nearly 2 acres of land with a 6,900 +/- SQ FT building featuring a large showroom for all types of parts and accessories. Outside the showroom, there is a 5,000 +/- SQ FT service department and storage area within the building. The business and building are located right off a major road in Oakland County, surrounded by many residential lakefront homes. The location is also ideal due to its proximity to numerous lakes, making the boat hauling and storage business very strong.
The sellers have owned this business since it was established in the 2000s and are now ready to let a new owner take the business to new heights. There are significant growth opportunities for a new owner, such as adding additional boat brands, offering boat detailing and trailer repair, and expanding the used boat sales side of the business. This package is SBA eligible for a qualified buyer. Contact our firm NOW for an amazing turnkey opportunity!
Get More InfoBusiness Overview
| Revenue | $1,042,568 |
| Cash Flow | $282,012 |
| Inventory | $125,000 +/- |
| Year Established | 2000 |
| Seller Financing | Yes |
| Employees | 2FT 1PT |
| Asking Price | $650,000 |
Key Statistics
- Hours of Operation: Mon - Fri 9am-6pm
- Employees: 2 Full Time 1 Part Time
- Year Established: 2000
- Year Acquired: 2000
- Liscence Required: Sales Tax
- Seats: N/A
- Parking: Ample
Financial Information
- Gross Sales: $1,042,568
- Source: Seller Provided Financials
- Cash Flow: $282,012
- Source: Seller Provided Financials
- Inventory Value: $125
Seller Financing
- Business Price: $650,000
- Down Payment: $250,000
- Monthly Payment: $8,111
- Interest Rate: 8%
- Amortization Period: 60
Location
- Real Estate Price:799,000
- Purchase Terms: $250,000 Down
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Disclaimer
The information on this website is for informational purposes only and should not be considered legal, financial, or investment advice. Capital Commercial Group, Inc. makes no guarantees regarding potential income, market conditions, or the accuracy of the information provided. This information has been supplied to Capital Commercial Group, Inc. by sellers or obtained from other sources. We have not and will not verify its accuracy and recommend that purchasers independently verify any information with their own counsel. Links to third-party sites are provided for convenience; we do not endorse or assume responsibility for their content. Users should conduct their own due diligence and seek professional advice before making business decisions.