South Dakota Based Marine Dealership
Not Disclosed, SD Not Disclosed
Asking Price:
$2,995,000
Annual Revenue:
$4,354,709
Request More Information Contact the Seller
- RE: South Dakota Based Marine Dealership
- Contact: Bryan Mulder
Quick Facts
| Asking Price: | $2,995,000 | |
| Annual Revenue: | $4,354,709 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $550,980 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $626,523 | |
| Real Estate: | $1,500,000 | |
| Year Established: | 1991 | |
| Employees: | 10 | |
| BBN Listing #: | 96244955 | |
| Broker Reference #: | 5401-17438 |
Business Overview:
This long-established business is a "turnkey" opportunity! A new owner can enjoy an excellent location, a full-service multiple income stream dealership, and loyal repeat customers as well as buying a business who constantly attracts new customers. This opportunity offering is plentiful for outdoor activities and acts as a marine "hub" for the area. This business sells new and used product/equipment. This dealership prides itself in providing its customers with the latest and best products for outdoor living and recreational enjoyment. This dealership is a one-stop shop.The business locationĀ and its surrounding area is a very popular destination for summer and winter outdoor enthusiasts. This community and surrounding area offer tourism, shopping, entertainment, fishing, hunting, camping, and boating to name a few.
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Property Features and Assets:
The facilities are adequate for current and future needs. Assets = $2,126,523Market Competition and Expansion:
Competition in this industry is mature. With that said, this business has longevity and location on its side. The current marketing budget is averaging less than 2% of revenue. Future growth could come from adjusting the advertising budget, tweaking the media channels currently used, and potentially adding another product line.Reason for Selling:
The sellers are looking to retire.Additional 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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