Retail Sailboats, Motor Free Boats, Parts & Repair
Location Alberta,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $1757500
Net Profit / Cash Flow $193900
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1968
Number of Employees 6 - 9
Inventory 1020000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Willing to help transition.
Reason for Sale More family time.
Description Retail Sailboats/Kayaks/Canoes/Pedal boats; Parts, Accessories & Repair business for sale. This retail business was founded in 1968, and has been under current ownership since 2001. They offer many kinds of boats, including sailboats, pedal boats, kayaks and canoes.
This business also provides parts, accessories and boat repair. They are an authorized dealer for the top 3 manufacturers in North America. Sailboats, 25 ft and under account for 30% of total revenues and the sale of kayaks, canoes and pedal boats generate 20%. Retail parts, accessories and clothing account for 40%, while boat repairs make up the other 10%. This fine establishment has dealer agreements in place with plenty of room to grow and prosper. There is little competition. To learn more about this exciting business opportunity, please submit a request today!
Increasing inventory and advertising would increase profits
Property: 4 buildings (1,800, 2,450, 3,600 and 2,900 Sq.Feet) over 3 stores Calgary has 2 Edmonton has 1 and Vancouver has 1. Calgary owned w/ option to purchase. building could be expanded at current site.
Financing could be considered. Management team in place.
Asking Price: $1,650,000
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