Well established Boat and Marine South Sydney
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS8007
Easy to Operate with Fantastic Lifestyle - Profits $313K+
This impressive well established & respected business has been operating with the current owners since 2013 who have achieved impressive growth in revenues and profits since acquiring the business.
The business sells fibreglass and aluminium boats from reputable brands under dealership arrangements along with engines also under a dealership arrangement. The business also sells parts and accessories including marine navigation equipment, boating chandlery, insurance and finance as well as having a service and repower centre where they service, repair and repower boats.
In addition, the business offers trade-ins on used boats and resells these used boats as well as selling used boats on consignment for some clients for which they receive a commission.
Clients of the business include the general public including boating enthusiasts from all over Sydney and the South Coast.
The business is owned and operated by 2 owners with one of the owners responsible for sales and service and the other, accounts and administration. Also has 3 employees including a workshop supervisor, technician and yard hand.
The general hours of operation for the business are Monday to Friday 8.30am to 5.00pm and Saturday 9.00am to 1.00pm.
The business operates from very prominent premises with a large showroom on a main highway location visible from both sides with great signage and exposure and the benefit of quiet off street parking to park boats.
• Turnover of $2.5M+
• Profits $313K+ (including owners wages)
• The business has shown growth in revenues, margins and profits with further growth opportunities available.
• Easy to operate with lifestyle plus.
• Well established supply chain and operating systems.
• Diversified and well established customer base.
• Owners willing to provide training/support.
Sales Price: $720K includes equipment, fixtures, fittings and goodwill plus SAV.