This is an unique opportunity to own one of the best family owned boat dealerships in North Atlanta market.
Established 12 years ago by an ex-corporate executive, this business has managed to be profitable year after year with not much hassle from the ownership nor high overhead. Current Google and Yelp ratings are at 4.5.
Between highly-sought road frontage on the boat dealers corridor and the high number of referrals and repeat customers, the business manages to generate annual sales around $1,000,000 with the discretionary income reaching over $220,000.
The dealership has three sources of income: selling their own inventory, broker boats and light service, detail and selling accessories.
The 1-acre commercial zoned real estate priced at $499,000 has a restaurant located next to the sales office that pays $1,450 in rent.
Future growth opportunities include taking advantage of the great location, level out the property and create a larger dealership. During the busy season, the more inventory a dealer has, the higher the overall sales.
The owner offers seller's financing with 50% down. However, by acquiring the business and the real estate for a total price of $1,098,000, the right candidate could qualify for an SBA loan with a down payment between 10-20%.
Asking Price $599,000
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