Lifestyle Business - Luxury Boat Sales

Imagine turning up to work overlooking the beautiful marina where clear blue water and hundreds of boats are located. The office for this marine sales agency is located in the best possible position within this very popular marina with their office on the water and surrounded by luxury multi-million dollar boats.

Boats are left on consignment so limited capital is needed even to turnover $10 million or more. If you love boats, then this is a dream come true.

Revenue

$6 million

Net Profit

$132,847

Potential

In some years the business has generated $10 million in sales and an owner’s profit of $314,000 so the sky is the limit. Possible to get a new boat dealership which could add $150,000 to $200,000 per annum.

Many additional services can be offered to their very large database of clients.

Skills

Understanding of Boats and an ability to sell.

Hours

Monday to Friday 8.30am to 5.30pm.
Saturdays 9am until 3pm.

Lease

New lease to come following renovations of the Marina.
Current rent is $48,000 per annum including office space and 7 berths for boats for sale

Office is a floating office which could be located anywhere on a marina.

Location

Gold Coast

Employees

2 employees + 1 contractor

Reason for Sale

New venture is consuming the owner’s time and capital.

About the Business

This business predominantly sells used boats for their clients on a commission basis. The boats range from a $4m Riviera down to a $40,000 Chaparral and everything in between.

They currently have a range of 38 boats for sale and they are located either around their office, in other marina berths within the complex or at the client’s homes.

The commission is negotiated with the client and ranges between 9% and 5% depending on the price of the vessel. This fee is only payable upon the successful sale.

History

Established 3 years.

Sale Price

$190,000