Luxury Yacht Retailer Since 1987 - A R Business Brokers

Luxury Yacht Retailer Since 1987

ASKING PRICE:
$695,000

LOCATION: GTA

LISTING DETAILS:

LISTING ID: 3472

TYPE OF SALE: Asset

MLS CODE: Exclusive

RELOCATABLE: No

INDUSTRY: Retail - Stores

REASON FOR SALE: Retiring

TRAINING & SUPPORT: Yes

ABSENTEE OWNER: No

DESCRIPTION:

Specializing in the buying and selling of new and used boats, this longstanding company has been a staple in the community for over 35 years. They also sell marine parts and accessories as well as facilitate boat repair services. Exemplary reputation for outstanding customer service and knowledgeable staff who go above and beyond for their clients. The business imports vessels from the USA as well as Europe to cater to customer demands and keep a variety of products stocked. Lots of opportunity for growth by expanding inventory and growing the sales team to handle the increased demand. Seller willing to train to ensure a smooth transition. This amazing business won’t last long! Listing ID: 3472

COMPANY INFORMATION:

YEAR ESTABLISHED: 1988

FRANCHISE: No

MONTHLY RENT: $1,800 pm (incl TMI) + HST

FINANCIAL INFORMATION:

GROSS REVENUE: $506,326

SDE: $273,726

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: No

EBITDA: N/A

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DISCLAIMER:

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.