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The business is a profitable and well-established, full service boatyard & marina that provides boat and equipment sales, service, dockage, storage, and related services to customers in a highly desirable waterfront location that attracts a high volume of boating enthusiasts. The business includes the real estate and property, which consist of: showroom, administrative offices, service & repair buildings, boat slips & moorings, fuel dock, and ample workshop space. Additionally, a residence is located on the marina property with stellar water views.
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| Industry: |
Retail Stores |
| Asking Price: |
$3,375,000 |
| Gross Revenue: |
$2,100,000 |
| Gross Revenue Comments: |
2009 |
| Cash Flow: |
$215,000 |
| Cash Flow Comments: |
2009 Total Available Cash |
| Value of Inventory: |
$650,000 (Included in Asking Price) |
| Value of Equipment: |
$125,000 (Included in Asking Price) |
| Value of Real Estate: |
$2,000,000 (Included in Asking Price) |
| Seller Financing: |
Tbd |
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| Year Established: |
1955 |
| Number of Employees: |
13 full time - |
| Mgmt. Training/Support: |
Available & based on Buyer needs & deal structure. |
| Reason For Selling: |
Retirement |
| Facilities: |
2 acres waterfront; multiple buildings, (major two are 20,000 sq. ft. & 8,500 sq. ft.) including: store, showroom, office, parts, service, repair workshops, docks, moorings, storage; on site residence. |
| Market Outlook/Competition: |
Competition is very limited in the local area with very high barriers to entry for new marinas due to: lack of waterfront land, zoning restrictions, and capital commitment. Market forces have slowed boat sales, while increasing service and repair of existing boats and engines. The business operates in one of the region s largest towns within a large and protected open harbor network with direct and close access to the Atlantic Ocean. |
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| Name: |
Raymond Pucci |
| Email: |
info@cpointadvisors.com |
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CenterPoint Business Advisors - 651 Main Street, Suite 200 - P.O. Box 863 - Franconia, NH 03580 - 888.988.0999
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