Market-Leading Boat Dealership for Sale in Florida #1810

Revenues:
$20,855,000
Adj. Cash Flow:
$2,387,000
Region:
Florida
Location:
Florida
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

2023 (Jan – Sept) Revenue: $13,734,000
2023 (Jan – Sept) EBITDA: $1,175,000

2022 Revenue: $20,855,000
2022 EBITDA: $2,387,000

  • This dealership is an authorized dealer of industry-leading manufacturers with a territory covering multiple counties.
  • Outstanding salt and freshwater brand mix for the area demographics and consistent new unit market share of fiberglass boats in excess of 8% for the last 3 years.
  • Revenue mix includes new and used boat sales, F&I, service, parts & accessories, and boat docks/lifts.
  • Dealership has solid highway visibility and close proximity to waterways.
  • Operating in Florida, this boat dealership maintains year-round clientele and incurs minimal seasonality as customers take advantage of the Florida weather.
  • The Sellers are open to providing a formal training and transitioning period to allow the Dealership a proper and successful transition to new ownership.
  • After years in the industry, the Owners are ready to pass along the legacy to the right prospective buyer, prepared to scale the business and take advantage of the multiple growth opportunities available.
  • The Dealership’s real estate is being offered for sale or lease, and a fair market rent rate is reflected in the cash flow stated above.

 

Please contact Michael McCoy or Larry “Tripp” Lawson III of Viking M&A for more information at:
(813) 773-3773, [email protected] or [email protected]

2022
Revenue:
$20,855,000
Adj. Cash Flow:
$2,387,000
2023 (Jan-Sept)
Revenue:
$13,734,000
Adj. Cash Flow:
$1,175,000

Your Listing Advisor.

Larry Lawson III

Larry Lawson III

Partner

Tripp Lawson grew up in a family of entrepreneurs spanning five generations of business owners. He began his career as a Financial Analyst working with the business valuation team while attending Florida State University. Tripp also spent time working with various Viking M&A offices throughout his time at Florida State University. After graduating with a Bachelor of Science Degree in Finance and a Florida Real Estate License, Tripp decided to start his professional career in Florida working with his father in Viking’s Florida Division in 2017.

As a Partner, Tripp works closely with business owners, entrepreneurs, and their advisors to educate and develop a short- or long-term plan to either divest their business or purchase an existing business. Tripp’s dedication and experience in finance and real estate, combined with his business acumen allows him to understand the priorities of Viking clients and deliver exceptional results for them.

While attending Florida State University, Tripp was a student athlete and a member of the football team. Additionally, he held multiple leadership roles within Florida State University organizations. Tripp stays involved at Florida State University by mentoring students holding governing positions within the campus. Tripp has a passion to guide peers on life and business decisions to help those be successful.

Outside of the office, Tripp is an active boater and enjoys adventurous outdoor activities.

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