SEACHANGE FREEHOLD

 MARINE DEALERSHIP (Ref 481)

COASTAL LIFESTYLE & GREAT BUSINESS

This Business has the Following Features:

• The Vendors have grown this Dealership into a great business over the years and they are now ready to pursue other business interests so are looking to sell BOTH the Business and the Freehold.
  
• This freehold business is located on the NSW North Coast in a growing regional city popular with tourists and boaties.
• The dealership operates from a purpose built facility in a prime position on the main road into town and is situated among car and caravan dealerships and major national retail stores.
• By buying the Freehold with the business, the Buyer has the opportunity to 'control' their own destiny in relation to their position and their investment in the business
• Separate to the business, the property (approx. 3,500sqm in total) generates a passive income of $25,000pa increasing by 3%pa with further opportunities available.
• This business is the complete Marine Dealership and sells the following:
  • New Boats
  • Used Boats
  • Marine Engines
  • Wakeboards & Waterskis
  • Trailers
  • Accessories
  • Spare Parts
  • Electronics
  • Finance
  • Insurance
  • Certified Centre for Servicing and Repair of Marine Engines
     
• This is a strong and well established Dealership with a good reputation in the Industry and with Customers
  
• The business is well presented and has experienced staff. 
   
• The Vendors have identified further opportunities for a Purchaser to expand including opportunities such as:
  • A Proposed Redevelopment of Local Marina
  • Jet Skis
  • Fishing Tackle
  • Construction of New Units at the rear of the property to accommodate allied businesses such as a boat detailer and/or canopy maker. 
  • Expansion of trading hours to cover 7 days trade.
  • Sales of Second Hand & Consignment Boats

• Ideally suited to people with sales experience (automotive or marine), or  mechanical experience, or a strong interest in boating, or all of the above.
• The business is well presented, has experienced staff and operates a fully computerised accounting inventory management system
• This business is located on the North Coast of NSW and would make an ideal Seachange opportunity for the right buyer and offers an attractive lifestyle and business opportunity. 

Listed for Sale at $1,995,000 comprising: 

• $   395,000 for the Business
• $1,600,000 for the Freehold Property

PLUS

• $   750,000 for the Stock at Value (@ Nov 2011)
  
• $     25,000 for the Work in Progress (@ Nov 2011)

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