New Listing: Marine Dealership!
Dec 02, 2022 10:38 pm
We have some truly amazing brokers in our office! I'm lucky to be part of such a collaborative group that prides itself on getting good listings sold! This week there's a new gem from our office. Take a look at the listing information below and reply or use the button to request more details.
South Dakota Based Marine Dealership
Asking Price:$2,995,000
Cash Flow:$ 814,969
Gross Revenue:$ 5,236,177
FF&E:$ 626,523 (Included)
Real Estate:$1,500,000 (Included)
Building: 12,000 Square Feet
Employees:8
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 both 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 location 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.
Facilities:
The facilities are adequate for current and future needs.
Competition:
Competition in this industry is mature. With that said, this business has longevity and location on its side.
Growth & Expansion:
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.
Support & Training:
Will train for 4 weeks @ $0 cost. There are no special skills required by the new owner. Everything can be taught if you are willing to be coached and trained. Having business management and sales experience would be helpful.
Reason for Selling:
The sellers are looking to retire.
As always, I'm looking forward to hearing from you soon!
Happy Friday,
Josh
--
JOSH GRODE WOLTERS, MBA
Business Intermediary
Sioux Falls • Rapid City • Des Moines
2121 W 63rd Pl, Suite 100
Sioux Falls, SD 57108
