New Franchise Marine Dealership - Sales & Service

Acquire a new franchise marine dealership offering sales and service on bowriders, deck boats, runabout boats, tritoons, pontoons, fishing boats, and center consoles.

Well-established with tenured staff and management, this dealership enjoys real goodwill within the community.

Performance Snapshot
Total Revenue:
• 2023: $7.2M
• 2022: $10.2M
• 2021: $11.3M

Gross Profit:
• 2023: $1.8M
• 2022: $3.1M
• 2021: $3.3M

Adjusted EBITDA:
• 2023: $230K
• 2022: $1.4M
• 2021: $1.9M

Offered For Sale:
• Offered as an Asset Sale, NOT a Stock Sale.
• Goodwill & Other Intangible Assets: To be negotiated
• Furniture, Fixtures, Equipment & Company Vehicles: Estimated at $100K.
• Plus Assets and Inventories: The dealership has approximately $109K in Parts & Accessories,
$2.8M in new & used inventory, and a new vehicle inventory floorplan. New vehicle
inventories are financed 100% and would require a floorplan greater than $3M.
• Plus Real Property: Offered for lease.

The inventories are as of March 31, 2024. Final values will be determined as of closing.