Boat Dealership in Northern Ohio
Off-MarketRavenna, OH
Boat Dealership
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$3,500,000
$650,000
18.6%
2001
30+ Days
Customers
Sells new and used boating inventory, dealing with brands including Crestliner, Sea Arc, Harris pontoons, Flagship pontoons, Lake Lounger pontoons, Mercury engines, and Suzuki engines. Business provides storage (indoor and outdoor), winterization, summarization, and canvas services. Offers consignment/brokerage sales for customers and operates a full service department.
Customer Acquisition
The business has a marketing person handling social media and reputation management. Occasionally, it runs radio ads and sponsors fishing clubs, including muskie, crappie, and catfish clubs.
Team
The business has six full-time employees and one part-time staff member.
Owner's Role
The owner does a little bit of everything in the business but doesn't own any specific workstream or function.
Reason for Selling
The owner is at the point where he wants to give someone else the opportunity to own the business, having bought and sold a handful of businesses himself. He also wants to travel with his wife.
Contracts
No
Real Estate
Operates on a 25-acre campus that is owned and located at a major intersection. The owner would be willing to sell the property along with the business.
When Are You Looking to Sell
3-6 months
Licenses Required
Requires a dealer license in Ohio.
Additional Notes
The business was deliberately scaled back from $5 million to $3–$4 million annually to prioritize profitability.
Business ID: 1647
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