LINK Business Brokers Australia

About this Business for sale in Wollongong & Illawarra

Well Established Boat And Marine Business – under management from 3 employees who have acquired 33.33% – balance of 66.67% for sale.

Seeking $366K  for 66.67% ownership plus SAV

Thriving through the pandemic! Fantastic Lifestyle

This impressive well established & respected business located on the stunning NSW south coast has been operating with the current owners for 9 years who have achieved impressive growth in revenues and profits since acquiring the business.

This business and industry has reported record growth through the current pandemic as Australians seek to spend their holidays on the water of the Stunning NSW South Coast

  • Sells fibreglass and aluminium boats from reputable brands under dealership arrangements along with engines also under a dealership arrangement.
  • Sells parts and accessories including marine navigation equipment, boating chandlery, insurance and finance as well as having a service and repower centre where they service, repair and repower boats.
  • Offers trade-ins on used boats and resells these used boats as well as selling used boats on consignment for some clients for which they receive commission.

Clients are the general public including a growing number of boating enthusiasts from the South Coast and Sydney. it has popularly gained client interest from SA to QLD states and towns throughout.

  • Operating Hours: Monday to Friday 8:30am to 5:00pm and Saturday 9:00am to 1:00pm.

Highlights

  • Turnover of $1.8M+
  • The business has shown growth in revenues, margins and profits with further growth opportunities available.
  • Easy to operate with lifestyle plus.
  • Well established supply chain and operating systems.
  • Diversified and well established customer base.

Listing ID: NSW09724

Broker: Rai Kolleger
Phone: + 61 2 9899 1999 / 0403 158 607
Email: rai.kolleger@linkbusiness.com.au

To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09724/

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

Listing: #NSW09724
Profit*: Refer to broker
Sales Revenue: $1,800,000
Illawarra and South Coast, Wollongong & Illawarra
Automotive, Marine
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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