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DealProspect/Listings/Automotive

Marine Dealership with Freehold Option, Townsville

Marine Sales & Service

ActiveAutomotiveQueenslandB2C
Asking price
$3,800,000
Disclosed · AUD
Revenue
—
EBITDA (est.)
~$1,100,524
Estimated · comparable listings of this type and size · typically within ±25%
Typical multiple
~3.5×
comparable listings of this type and size · typically within ±25%

Brief

  • Large boat dealership in Townsville stocking Yamaha, Bar Crusher, Cruise Craft, Destroyer, Formosa, Hooker and Seajay
  • boat sales, service and workshop, finance and insurance commissions, parts and accessories
  • Holds regional franchise rights a new entrant could not easily obtain
  • Management team in place (sales, service and accounts), with the owner handling some sales
  • Operates from a 7-acre highway-fronted site with a large undercover showroom; the freehold can be bought alongside the business
  • Earnings stated on an EBITDA basis, with growth reported over three years