Morristown Boat Dealership for Sale
| Asking Price: | $3,200,000 |
Looking for a profitable business venture in East TN? Don't miss this one! This well established boat dealership is being offered as a going-concern including the real estate, new and used boat inventory, parts and service inventory, and all key personnel. Strategically positioned within a 50 mile radius to all nearby lakes, this enviable location offers convenience, and easy access for all customers. Showcasing an impressive 10+ year track record, this turn-key operation boasts gross sales averaging $4.8 million, $1.8 million in new and used boat inventory, $400,000 in parts inventory, and averages $320,000 in seller’s discretionary income. Highlighted as a local staple in the community, this successful business provides a quality reputation, established relationships with well-known boat and motor manufacturers, and a finely tuned service and repair department including a master tech on the payroll.
Equipped with a vibrant, and well attended, tournament schedule; this opportunity has amplified the brand awareness while creating opportunities to attract new and trade up customers! Offering incredible potential, and upside; this dealership has a renowned sales and service department, high-growth tournament sponsorships, trusted maintenance and repairs for producing repeat business and referrals, and promoting a prime lake location in trophy bass waters. Accompanied with highly desired real estate, this property offers flexible use with B3 zoning, and 12,000+ sqft of useable space situated at a signalized intersection enjoying the high visibility and exposure to 17,000+ ADTC (Average Daily Traffic Count) from the 4 lane highway. Attracting customers from TN, NC, and KY; this rare opportunity has tremendous growth potential and will not last long priced to sell at $3.2 million. Current owners are willing to stay on for a short duration to train new management if desired. All information contained herein is deemed reliable but gathered from tax records and homeowner and is subject to buyers verification.
