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37549-Marine Sales & Service In Houston For Sale

Houston, Texas, US
Asking Price:
$640,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,232,074
Cash Flow:
$145,000

The company is a factory authorized franchise dealer, distributor and service provider for brand name boats, motors and trailers. The primary products and services include selling and servicing bay fishing style boats, as well as name brand outboard motors. Valued at over $500,000, there are two facilities totaling 14,500 square feet, which are owned with an option to lease or purchase additionally. It features a showroom, offices, service department and a few storage lots. The company has a proven track record supported by several decades of ongoing business. Located in The Greater Houston Area, the marketing efforts focus on targeting individuals within a 100 mile radius as well as lake management, sanitation and mining companies within Southwest Texas. While 2017 had total revenues around $935,000, 2018 saw around $1,200,000 with Seller’s Discretionary Earnings of $145,000, rounded. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. The business could see a lot of growth with an increase of online marketing efforts.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Approaching retirement

Trading hours:

Tues-Fri 8 am-Noon & 1-6 pm, Sat 8 -Noon

Employees:
6
Years established:
1965

Other Information

Support & training:

12 months

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$120,000 - included in the asking price
Inventory / Stock value:
$200,000 - included in the asking price

Contact IAG

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