Boat Dealership, Service, and Winterization Business
Off-MarketWinchendon, MA
Boat Dealership, Service, And Winterization Business
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$2,000,000
$600,000
30.0%
2003
30+ Days
Customers
The dealership sells both new and used boats, purchasing inventory from customers and external sources. Annual sales average approximately 50 units: 25-35 new boats and 15-25 used boats. They also offer winterization, repair, and storage services for customers in the area. The dealership emphasizes customer service in a disposable income market where service quality outweighs price considerations. Revenue breakdown includes approximately $1 million from new boats/motors/trailers, $100,000 from used boats, $200,000 from repairs, $300,000-$400,000 from winterization, and $100,000 from dock sales, accessories, and parts.
Customer Acquisition
The business relies primarily on word-of-mouth and reputation for customer acquisition. Marketing activities include Facebook Marketplace, Craigslist listings, and occasional participation in boat shows. A strong reputation in the local community drives consistent customer traffic.
Team
The team consists of two full-time employees, one part-time employee, the owner, and his wife, totaling 5 people. The two full-time employees are mechanically inclined and handle repairs, boat delivery, boat preparation, and sales; all staff are cross-trained.
Owner's Role
The owner handles repairs, sales, and overall business management. His wife manages sales and bookkeeping.
Reason for Selling
The owner is considering a sale because he is turning 55, has invested well, and prioritizes time over money—considering early retirement.
Contracts
No
Real Estate
Owns a 10-acre facility with a 260-boat storage capacity, open to selling or leasing. The facility is well-maintained with recent upgrades, including a new roof, siding, windows, heating systems, and a four-bay garage addition. The business owns approximately $200,000 in parts and accessories inventory. Equipment, trailers, and shop tools are valued at approximately $150,000–$200,000. The dealership owns significant new and used boat inventory, including motors and trailers.
When Are You Looking to Sell
Within 6-12 months
Licenses Required
No
Additional Notes
The dealership faces three local competitors, all experiencing difficulties. One competitor cannot sell due to contaminated land from poor lot maintenance and has stopped selling new boats. Another competitor in New Hampshire went bankrupt last year; the new owner is also struggling and is expected to go bankrupt this year due to insufficient cash flow. A third competitor located 12 miles south is in severe financial distress. This location has the best condition and the most land among competitors, with the capacity to absorb market growth if competitors fail.
Business ID: 1523
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence