Highly Profitable Marine Sales With Real Estate
Not Disclosed, TX Hood County
Asking Price:
$17,500,000
Annual Revenue:
$13,131,806
Request More Information Contact the Seller
- RE: Highly Profitable Marine Sales With Real Estate
- Contact: Ginger Adams
Owner Financing is Available!
Owner Terms: $14,000,000.00 Interest: 8% Term Months: 60 Monthly Payment: $283,869.52
Quick Facts
| Asking Price: | $17,500,000 | |
| Annual Revenue: | $13,131,806 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,266,640 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $658,478 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1962 | |
| Employees: | 20 | |
| BBN Listing #: | 231064075 | |
| Broker Reference #: | 7262022-242620 |
Business Overview:
Exciting opportunity to own a highly profitable marine services business in a booming lake lifestyle area of Texas. Since 1962, this business has been a top boat dealer, partnering with marine industry leaders Crownline, Veranda, Xpress, NauticStar and Yamaha. The location has been recognized as the top-selling dealer over the last decade and continues to grow. The business sells and services both new and used boats, and customers enjoy an attractive store selling accessories and outdoor gear. Situated on 4.5 acres, the 10,000 sf building also has a 7,500 square feet service department with 3 bays, 3 additional outbuildings and area for expansion. The strengths of the business are its name recognition, its lack of competition in its area and a dedicated, knowledgeable and stable staff.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Facilities:10,000 square feet shop, another 7,500 square feet in outbuildings.Market Competition and Expansion:
Located in a high-growth area with upscale developments being built. At the current pace of growth, revenues are expected to increase 30% in 5 years.Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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