Business Summary:
Reputable Marine Sales Company with Freehold Road Fuel Forecourt Site
Ref.GQ002
Location North Wales Coast
Asking Price £570,000
This rather unique business was established by the vendors back in 1989 and has since built up a formidable reputation as a leading supplier of a wide range of top quality watercraft and powerboats on a nationwide scale.
This family marine business started initially by retailing small sports boats and outboard engines. In 1990 it became one of the first Sea.Doo watercraft dealers in the U.K, and soon became the largest of a growing network of dealers. With the watercraft market starting to boom the business developed and strengthened its position further in the market by importing watercraft direct from the manufacturers as this enabled them to more effectively satisfy demand and to also offer choice and value to their loyal customer base. This also ensured the business could and continues to provide the unrivalled product support you need to guarantee complete customer satisfaction in this high end market sector. After nearly 20 years of continually providing choice, value and unrivalled product support, it is easy to see why this business is the one of the U.K’s longest established suppliers of watercraft.
The business was the first U.K agent for Cobalt Boats in 1999, and built up a strong customer base through providing unrivalled product support. The Cobalt customer base provides the bulk of annual service revenues. When Cobalt boats diverted its product line to concentrate on bowriders, the business refreshed its product line-up and introduced Azure boats to the U.K market in 2008. The Azure range offers bowriders, sport decks, cuddy cabins and cruisers from 18 – 30 feet. All boats are built to an exceptional standard and feature the most innovative hulls in the industry. Another advantage with the Azure dealership is that there is a constant stock of boats that can be sourced from the European distributor based in Germany.
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| Year
Business was Established: 1989 |
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| Number of Employees:
2FT/2PT |
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| Potential
Growth/Expansion:
The company has had impressive growth over the years and the market for this sector is very buoyant. Further development of the substantial database would represent increased turnover as would a more targeted sales and marketing campaign. |
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| Competition:
The business currently advertises in many of the major publications in the sector including The Boat Trader, AutoTrader, and Boats and Yachts. Website listings are provided on www.boats.com. It is also in attendance at the London and Southampton Boat Shows. It also has its own website as well as links within the sites and brochures of the manufacturers it represents here in the UK. |
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| Owner
willing to train:
The current owner will provide all necessary training and handover to ensure a smooth transfer of the business to new Owners. |
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| Reason for selling:
The vendors are wishing to retire. |
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Seller Reference Number: GQ002
BusinessMart.com Listing Number: 73249 |
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