Southern Indiana Boat Dealer And Repair Shop

Business Overview:

Turn your love of all things boating into a career with this southern Indiana boat dealer and repair shop for sale. They offer: •New & Pre-Owned Boat Sales•Service & Repair on All Makes & Models•Hauling & Launch•Chemical Cleaning•Winterization•Long-Term StorageNew boat sales are the biggest revenue generators for the company. Sales margins for new boat sales are approximately 20%. Pre-owned boat sales generate about a 10% margin. Typical new boats sales are $65,000 and pre-owned boat sales are $25,000. Both sales types include boat, trailer, and motor.This boat dealer also offers repairs. They find repair issues because they use the latest diagnostic tools. Before working on the boat, they talk to the client. By explaining the necessary repairs and the cost, they make sure clients are aware of the issue. On these calls, they get client approval, too. As a result of going the extra mile, they have a loyal customer base. For example, in 2023, they serviced over 400 boats. In fact, many customers seek them out after dealing with other repair shops in the area.Not only do customers come from those seeking new repair shop, but they also come from the internet. More specifically, they come from the company website and listings on Facebook Marketplace and Boat Trader. However, the business is an authorized deal for major boat brands. As result, some customers come from the “find a location near you” on the dealer sites. Additionally, they attract customers from both Indiana and Ohio. Located in Southern Indiana, the boat dealer and repair shop has an excellent location. Minutes away from a popular boating destination, it has great visibility on a busy highway. Potential customers pass it to and from boating. The facility is 3,200 square feet on 7 acres of fenced in property. There are two large service areas, an office/retail area, and ample storage. In fact, they can store up to 150 boats long term. Why are you waiting to make your dream a reality? Contact us today for more information about this opportunity. Don’t let it float away. Investment Considerations: •Turnkey Business•Excellent Local Reputation •Minutes From Popular Lake Destination•Knowledgeable Staff in Place•Policies & Procedures in Place•Continuously Growing Business•Area Exclusive Provider of Popular Boat Brands•Recession Resistant

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Property Features and Assets:

The building is approximately 32,000 SF on 7 AC. It has two large repair areas and a small office/retail area.

Market Competition and Expansion:

Competition comes from other boat dealers and repair shops in the vicinity. However, due to their reputation and focus on customer service, they have a reputation as a go-to place.The boat dealership and repair industry is expected to grow by 1.3% over the next five years. Demand, which peaked during Covid, is back to pre-pandemic levels. Spending on recreation and related equipment is on an upward trend.

Reason for Selling:

Retirement

Additional Details:

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