Business for sale at www.bizbrokersfl.com: Marine Related|Boat Dealer

PROFILE 417-26409047

Location:	South Florida	Marine Related\|Boat Dealer
Sales Price:	$3,750,000	Down Payment: $3,750,000

Executive Summary

Well established Marine Dealer w/ almost 30 years at same location. Premium boat and motor line specializing in award winning sales and service. Prime location on major highway. Company focuses on high quality offshore coastal boats which is a very lucrative part of the boating industry. We are entering a more desirable business climate & the current floor plan on new boats will once again bring a much more favorable business income and profitability.

Business Synopsis
Business Format:	S Corp	Facilities:
Established in:	1982	Square Footage:
Years Owned:	28	Lease Expires:
Employees:	8	Monthly Rental Expense:
Reason for Sale:	Retirement
Skills Required	Retail Boat Management
Training Provided:	4 weeks

Asset Information (estimated fair market value)
Inventory:	$50,000	Included
Furniture, Fixtures & Equipment:	$232,000	Included
Real Estate:	$2,000,000	Included
Total Assets Included in Sale:	$2,282,000

Operating History

2009

2008

2007

	Financial Source	Tax Return	Tax Return	Tax Return
	Gross Sales	$2,906,336	$3,416,990	$5,421,027
	Gross Profit	$766,803	$948,261	$933,772
	Discretionary Earnings *	$369,008	$441,934	$416,685
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.

DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.

COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL 33131-2945