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New & Used Boats, Pontoons, Motors, and Power Sports

  • Listing# : 16555
  • Listed Price : $2,250,000
  • Total Sales : $2,753,869
  • SIC : 5551
  • Down Payment : $2,250,000
  • Status : Active
  • Discretionary Earnings : $456,983

Business Type :

Marine Related / Boat Dealer

Business Description :

This is a very profitable and rapidly growing marine and sports center in a Minnesota region known for fishing and water recreation.  2020 was best year ever and through August of 2021, revenues are 31% higher than the previous year, which will shatter last years performance.
New owner will need to secure floorplan with lender for most inventory which currently is about $500,000.  Owner has about $200,000 of used inventory that will need to be purchased. This number fluctuates and will be counted prior to sale and included in total price. 

Assets/Liabilities:

    • Accounts Receivable $181,393
    • Incl : No
    • Real Estate $750,000
    • Incl : Yes
    • Inventory $200,000
    • Incl : No
    • Liabilities $5,302
    • Incl : No
    • FF&E $185,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $935,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Marine Related