Profitable Boat Dealer – Live the Lake Life! (#1473)

Revenue:
$7,711,234
Cash Flow:
$554,511
Region:
South Carolina
Location:
South Carolina
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

Real Estate is available for $700,000.00

Overview

Growing and profitable full-service dealer of premium new and used boats – inboard towboats for watersports as well as pontoon boats.  They are the market share leader in inboard tow-boats for wake surfing, wakeboarding, and water skiing in their market.  Additionally, they offer a full line of watersports equipment as well as repair and maintenance services.

Company Strengths

  • The business sits on 5 acres of prime highway frontage real estate with an 8,000 square foot showroom and a 5,000 square foot outdoor covered showroom.
  • The current owner has developed a strong team and a general manager is in place who can immediately assume the duties performed by the current owner.
Revenue:
$7,711,234
Cash Flow:
$554,511

Your Listing Advisor.

Merrell Stout

Merrell Stout

Managing Partner

Merrell leads Viking Mergers and Acquisitions efforts in the Greenville / Spartanburg, Upstate South Carolina, Atlanta and North Georgia markets. Merrell comes to Viking with previous experience as a senior operating executive, entrepreneur, and private equity investor. He has broad operating experience ranging from his leadership of a $70 million HVAC distribution business for Carrier Corporation (a division of United Technologies Corporation) to his successful role as CEO of a $15 million private regional waste hauling business. As a private equity investor, Merrell led majority investments several companies including an $85 million environmental services business and a $40 million apparel manufacturer.

Earlier in his career, Merrell held corporate development roles in two technology startups – both of which successfully grew from venture funded startups to large public companies.

Merrell has a BA in Economics from Hampden-Sydney College and an MBA Simon School of Business at the University of Rochester in Rochester, NY.

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