World-Class Retailer of Fishing Boats and More! (17745)

Financial & Assets Details

About the Business

Business Description

Almost $4 Million in Projections! Situated along the Puget Sound in Washington, listing provides a wide-range sale of boats, marine equipment, trailer parts and quality repair services to individuals surrounding its geographic area. Thanks to top customer ratings and online presence, Total Revenues for 2021 reached up to $3,872,822 alongside Seller Discretionary Earnings of $613,427 and Adjusted EBITDA’s of $549,525, based on an independent evaluation! The company is exceeding their gross sales since the pandemic, centering on family and fishing boats, as well as personal watercrafts, pontoons, power boats, and upgrades for tech. A good purchase for industrial buyers seeking an ideal financial investment, growth opportunities exist through added inventory lines, salesmen and optimizations with newer strategies or plans. The highly visible retail facility is located on a major highway and surrounded by ample parking lot; property holds a triennially renewed tenancy with long-term lease options available. Found in excellent condition and commercially zoned, the building comes complete with administrative spacing, waiting areas, and a showroom. Assisted by a strong team of twelve nonunion employees in place most likely to stay post-sale, accessible general management from within makes business ready for a flexible owner transition. Ongoing reputations keep the successful use of radio ads, print media, and maintenance of a website, helping marketing efforts focus on the referral sources backed by a large rotating client base.

Seller Financing

Negotiable up to 20% for the right buyer.

Support & Training

Flexible Owner Transition Period.

Reason for Selling:

Approaching retirement and/or pursuing other interests.