Dock, Lift, and Boat Storage Business with Mechanic Shop in Western MN
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Financial Details
- Asking Price:
- $399,000
- Annual Revenue:
- $778,005
- Cash Flow / SDE:
- $187,417
- Profit Metric:
- Total Revenue
- Valuation Multiple:
- 2.1x
- Location:
- MN, US
- Source:
- Date:
- September 23, 2025
Key Highlights
Established dock & lift business with comprehensive boat storage, winterizing, and storage services.
Includes a fully equipped mechanic shop on premises, offering expansion or rental income opportunities.
Benefits from a loyal customer base, recurring seasonal revenue, and significant growth potential, with over $300K in FF&E and vehicles included.
Description
This established business offers comprehensive dock and lift services, including boat storage, winterizing, and general storage. Located in Western MN, it serves a loyal customer base with recurring seasonal revenue and significant growth potential. The sale includes a fully equipped mechanic shop on the premises, which presents an excellent opportunity for expansion or generating additional rental income. The purchase price includes over $300,000 in Furniture, Fixtures, and Equipment (FF&E) and vehicles, along with $225,000 in inventory. With 3 full-time and 1 part-time employee, this business is well-positioned for a new owner to capitalize on its strong foundation and market demand.
Industry Information
- Industry Description:
- Established dock & lift business with boat storage, winterizing, and storage services. Includes a fully equipped mechanic shop on premises that is ideal for expansion or rental income.
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 2006
- Employees:
- 4
- Reason for Selling:
- Moving on
Real Estate & Lease
- Status:
- Owned
- Monthly Rent:
- $0 USD
Assets & Inventory
- FF&E Value:
- $350,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $225,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Joseph McKeown
- Company:
- First Choice Business Brokers
- Phone:
- (952) 356-9013
Listing Details
- Listing ID:
- 375b6b3b-c5f2-4456-8b05-00f4e435a6e7
- Source Listing ID:
- 23786
- Deal Status:
- For Sale
- Last Updated:
- September 23, 2025
- Currency:
- USD