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Murphy Business & Financial Corporation
3259 E. Sunshine, Suite H
Springfield, MO 65804
(417) 883-7758
Fax: (417) 883-7798

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Listing Details - Retail Boat & Motors Sales and Service

Listing#: 6086      SIC:       Business Type: Marine Related, Boat Repairs; Marine Related, Boat Dealer
 
Default Image
 Status Active
Listed Price $1,450,000
Down Payment $1,450,000
Owners Cash Flow $314,662
Total Sales $3,803,828
 
   
   
 
  Contact Information
   
  Office: 417-883-7758
  Email: Send Email To Agent
   
   
   
   
Business Description
This Boat & Motor Sales and Service Company has served their loyal customers across the U.S.A. since 1955. They pride themselves in providing their customers with the absolute best products, pricing, and services available in the marine industry. They sell only top quality products. This business has been prequalified for a SBA 7(a) Proposed Purchase Scenario with a qualified buyer.
 
Assets/Liabilities
Accounts Receivable Incl. Real Estate $750,000 Incl. No
Inventory $342,240 Incl. Yes Liabilities Incl.
FF&E $57,471 Incl. Yes Other: Incl.
Leasehold Incl. Total Assets $1,149,711
   
Lender Prequalified: No  
   
Financing/Terms Amount Mos Rate Mo. Pmt.
Loan/Assumable
Loan/Seller
Other
 

They have very little competition in their area. They are the main dealership in this area and cater to customers within a 60-100 mile radius.

This last year 2010 was up 35% over 2009. Starting off this year with the 2011 Annual Boat Show they sold 27 boats which is a 35% increase over 2010. Two years ago they added a new product line which is still growing. Last year they also became a dealer for a high end Bass Boat here in the Midwest. They put up three large bill boards on the major interstate highways near their business. This has led to the increase in internet and walk-in traffic sales. Last year they saw an opportunity and added a "Bait Shack" to the operation. Live bait & tackle. "Stop by and check out their Bass & Crappie lures selection. YTD sales through July 2011 are up 21% over 2010.