Business For Sale Bendigo + Loddon Mallee VIC Region, Victoria
Business Category General Retail Marine Mechanics
Enjoy the lifestyle and the great community of Bendigo - Wotif's 2024 Australian Town of the Year - an hour & half to Melbourne. Surround yourself with awesome boats through-out the day, then head out...
$588,000 + SAV
Description
Quintrex, Yamaha, Mercury, Husqvarna
Award-winning family owned Marine & Outdoor Power Equipment Dealership for Sale. Sales, Parts & Service Workshop. Opportunity to expand into relative products: Caravans. other Power Equipment lines, motorcycles! It is so rare to find a marine business with this combination of high-end brands making it a very enviable and sought-after business.
The expansion to include the HUSQVANA power equipment brand (small engines such as chainsaws, garden equipment, ride-on & push mowers) provides an excellent seasonal balance to the marine division.
LOCATION
Prominent highway frontage with ample parking. Located in Central Victoria with a large and rapidly growing customer base throughout extensive areas of Victoria, close to lakes, Murray, Loddon and Goulburn Rivers, and within a 2-hour drive to the Williamstown boat ramp in Melbourne. This fast-growing urban area is continuing to experience rapid expansion.
HOURS
Open 5.5 days per week, Closed Sunday
EMPLOYEES
Business is run by Husband (Full time managing staff, sales) & Wife (3 days p/w Admin) + 2 Full-time Qualified Marine/ Small Engine Mechanics + Service Advisor (Front Counterparts, showroom sales) + part-time Apprentice.
LEASE
The site consists of a large showroom & office space with upstairs storage and boardroom, a separate boat yard for new and used boats exposed to the highway frontage, a workshop and a service area. A side road provides access to a large rear yard at the back.
The long-term lease with several options provides a highly exposed highway frontage premise with excellent retail exposure in the rapidly growing hub of businesses in a large regional Victorian City.
Very few opportunities become available to secure commercial frontage on this stretch of highway near all major vehicle and caravan dealerships, Bunnings, Aldi, and multiple fuel & food outlets. A proposal to build a $12m Retail Development located directly opposite the business has been lodged with the council.
POTENTIAL
The business is located in a fast-growing urban area which allows for massive opportunity. There is the potential to become a major player in the boating world of Victoria and beyond.
TRAINING
The long-established and loyal customer base will be maintained as the current owners plan a transition from business operations to semi-retirement over an agreed term, to provide an outstanding opportunity for the new business owner/s.
VALUE
$588k + SAV
Stock of new boats & engines is generally offset with a floorplan facility.
If you have business dexterity and enjoy the boating world, or perhaps looking to expose your current marine/leisure business to a whole new demographic with access to highly sort-after marine brands, or alternatively you’d like to diversify your existing business (add Caravans or expand power equipment!) contact us via this site.
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.