71400- Growing Boat & Trailer Dealership

Financial & Assets Details

About the Business

Business Description

Real property and $1m+ inventory included! The company is a recreational boat and trailer dealer, offering new and pre-owned brand name boats and trailers, replacement parts and accessories to individuals. The company’s primary products and services include name-brand pontoons and boats with outboard motors, as well as maintenance and repair services. Suzuki parts are now available; offering more affordability for customers, this should help further grow the business. The included 8,100-square foot facility features 400 feet of highway frontage. While the property is included in listing price, a lease may be negotiable. Offering these services requires a facility, service vehicles and personnel to service and maintain inventory. The company has a proven track record, supported by eight years of ongoing business. With its niche range of products and services, marketing efforts focus on targeting local and visiting boat enthusiasts within the Northeast Oklahoma area. Revenues have been increasing 52% over the past five years, due to an increasing number of suppliers and customers. While 2016 total revenue were $1,727,428, in 2017 they saw well over $2M in revenues with an SDE around $150k, being January, these numbers are still being finalized. Call IAG today for full details!

Seller Financing

Negotiable for the right buyer

Support & Training

While the two owners are available for standard transitioning, the employees would most likely stay on after the sale.

Reason for Selling:

Approaching retirement