Work & Earn Over $200k PA

  • ID20
  • Sale Price$190,000 WIWO (Walk In Walk Out)
  • Revenue$6,000,000
  • Net Profit$132,847
  • Staff2 part time employees.
  • Adjusted net profitn/a
  • Stock At Value Estimate$0
  • Date Business Was Established
  • Rent Per Monthn/a
  • Hours of OperationMonday to Friday 8.30am to 5.30pm. Saturdays 9am to 3pm.
  • Length of LeaseNew lease to come following renovations of the Marina. Current rent is $64,000/annum including office space and 10 berths for boat sales. Office is a floating office which could be located anywhere on a marina.

Work & Earn Over $200k PA If Your Hobby Is Boats


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Summary:

Turn up to work overlooking the beautiful marina where clear blue water and hundreds of boats are located. This is the only marine sales agency with an office on the water. Boats are left on consignment so limited capital needed even to turnover $10 million. Customers often pay for the right to display their vessels at this site so marina costs and office rentals are covered. If you love boats, then this is a dream come true.

This business predominantly sells used boats for their clients on a commission basis.

The boats range from a $4m Riviera down to a $40,000 Chaparral and everything in between.

They currently have a range of 38 boats for sale and they are located either around their office, in other marina berths within the complex or at the client’s homes.

The commission is negotiated with the client and ranges between 9% and 5% depending on the price of the vessel. This fee is only payable upon the successful sale.

Potential:

In some years the business has generated $10 million in sales and an owner’s profit of $314,000 so the sky is the limit. Possible to get a new boat dealership which could add $150,000 to $200,000/annum.

Skills:

Understanding of boats and an ability to sell.

Reason for Sale:

New venture is consuming the owner’s time and capital.

Products and services:

For More Details On This Business Please Complete This Form. The Business Will Be Notified And Get Back To You.
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