Description About This Posting: Marine Dealer, Repair Facility
This is an active Marine Sales and Repair Facility, located in Ventura County close to the Channel Islands, Ventura and Santa Barbara harbors.
In business for over 20 years, they have earned a reputation for delivering a quality product and service to the boating community.
An authorized full-service Honda Marine Outboard and portable Generator dealer. Over the years, the company has consistently been rated as the #1 dealer for Marine Sales and Customer Service.
With work performed on all major boat engines, including Mercruiser, Mercury, Volvo Penta, OMC Cobra, Honda, Yamaha, Suzuki, Johnson, Evinrude, Tohatsu, and Nissan.
Factory direct for parts and warranty for Honda, Yamaha and Suzuki.
Experts in Honda outboard re-powers and repairs.
The company has performed over 1,000 re-powers for recreational, commercial and government customers.
The Business consistently operates with a positive cash flow, and earns a net profit of approximately 10% to 12% after all expenses, including the owner's salary.
In addition to the exceptional existing net income, there are additional opportunities to increase the bottom line, including increasing the labor rate which is due for an adjustment.
The current owner fills the role of Service and Sales manager, and occasionally performs work on boats and engines. He takes a salary which is included in the advertised net income. If a buyer were to hire a service manager, the pay is already included in the expenses. If a buyer were to fill this position, and work more on the boats and engines, they could net much more than the existing owner (he bills an average of under 5 hours per week).
Perfect business for someone that knows their way around boats, and preferably is either a marine technician or involved in the service industry.
The price is $249,000 plus inventory at cost.
To get more information about this Marine Dealer, Repair Facility business for sale in
Ventura County please phone Steve Buenger (Broker - BRE License #:01383195) at 805-985-1007 X202 and 805-207-3572 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #254815 on BizBen.com. In addition to phoning
Steve Buenger, make sure you email Steve Buenger above to get more info about this
Marine Dealer, Repair Facility, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
Related Articles, Events, Blog Posts, Discussions, Videos, Interviews
First the dreaded statistic: 80% of all California business buyers looking to buy a small to mid-sized business in California never end up doing so! Peter Siegel, MBA BizBen Founder And Director at 925-785-3118 covers successful tactics all business buyers of small businesses should utilize.
Who really represents the buyer? The selling broker or agent through dual agency? Many brokers and agents weigh in on this Discussion on BizBen. Bottom line is all business buyers need to know who really represents them and has their best interest at heart when seeking and negotiating on deals.
Was just asked the question from a business owner what the "typical commission" amount is for a broker or agent and if upfront fees are common? Thought this might be a great Discussion topic on BizBen for both business owner/sellers and potentially for business buyers (buyer representation).
In this article on BizBen, business purchase financing advisor and SBA loan broker, consultant Peter Siegel (Business Purchase Financing Expert/Advisor & the ProBuy Program Director at BizBen) at 925-785-3118 shares his views of getting SBA loan financing faster for business purchase financing.
It can take months, sometimes longer to sell a small business. Here are 6 questions from Peter Siegel, MBA (Business Purchase Financing Expert, ProSell Program Advisor with BizBen) at 925-785-3118 to ask yourself to help you determine why your small to mid-sized California business isn't selling.
For the week of 5/21 thru 5/25, 274 California small businesses were sold by business owners, business brokers, and agents. In 2017 16,956 CA small businesses were sold. So far this year (2018) 3,896 small to mid-sized California businesses have sold so far by business owners, agents, and brokers.
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
When seeking business acquisition financing, it helps to review a seller's addbacks as a source of funding to service the debt service. But explain them correctly. Peter Siegel, MBA business acquisition financing expert and advisor at 925-785-3118 covers this topic on financing a business purchase.