CONFIDENTIAL PROFILE
93700458
Listing Price:  $2,000,000  Gross Sales:  $4,767,583 
Down Payment  $2,000,000  Recast earnings* (Owner Benefit):  $282,531 
Location:  Naples

  BOAT SALES/LAND/BUILDING OWNER BENEFIT $250K

Executive Summary
Well established boat sales company. Land and building included in sale. The Company has exclusive rights for 3 boat lines. They also are a full line dealer for 2 outboard motor brands. They have a fully staffed sales and service department. Most of their boats are on floor plan. On the P&L it is "Owner to Prove" because they have another dealership and both companies are under one corporation on the tax return.
Business Synopsis

Asset Information (estimated fair market value)
Established in: 1995 Inventory: $100,000 Included
Employees: 6 Furniture, Fixtures & Equipment: $100,000 Included
Facilities: Real Estate: $1,135,000
Business Format: S Corp Total Assets: $200,000  
Reason for sale: Other Business semi-retired
Operating History 2006 2005
Financial Source Owner to Prove Owner to Prove
Gross Sales $4,767,583 $4,601,000
Gross Profit $830,975 $774,500
Adjusted Earnings (Owner Benefit)* $282,531 $249,800
(*) Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Detailed information on this business is available to principals only.
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DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.
Contact: 
Phillip T. Rice
Phone: 
(239) 596-6130 x 232
E-Mail: 
 Coldwell Banker Commercial NRT
550 Fifth Ave. So.
Naples, FL 34102
www.coldwellbankerbiz.com