Long-standing Outboard Boat Repair Business

Featured on BusinessForSale.com . 12 viewed

Asking Price

$750,000

FOR SALE - ACTIVE

Detailed Information

Location

Miami Dade, Florida, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

For sale due to business investment focus shift, this long-standing Outboard Boat Repair and Sales company has been a trusted official dealer for Mercury, Yamaha, and Evinrude marine outboards for over 40 years. With a solid reputation in the boating community, the company specializes in servicing center consoles of popular boat brands like Contender, Yellowfinn, Freeman, and more. Operating on weekdays from 8 am to 5 pm, the business boasts a dedicated staff with the intention to stay on under new ownership, and the seller is offering a favorable long-term lease arrangement. In 2023, the business has achieved sales exceeding $3.4 million, with an adjusted Seller's Discretionary Earnings (SDE) of $425,000 and counting. Prospective buyers are required to have industry experience and demonstrate financial strength to be considered for approval. The company's offerings encompass comprehensive repair services, top-quality parts, and robust sales of outboard motors from leading brands.

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