Leading Boat Dealership in One of US’s Fastest-Growing Cities Seeks Sale
Leading Boat Dealership in One of US’s Fastest-Growing Cities Seeks Sale

Company Overview

Our firm is currently representing a leading boat dealership seeking a sale. Headquartered in a fast-growing growing market in the Southwestern U.S., the Company’s single location dealership sells a wide variety of new and used recreational boats and related marine products. The Company also offers boat and engine repair services, boat storage and maintenance services, and arranges financing and insurance products.

The Company has experienced strong growth over the last 5 years, growing revenue from $6.2 million in 2016 to $15.6 million over the LTM period ended November 30, 2021. EBITDA grew during that same period from $0.3 million to $2.4 million, representing a CAGR of nearly 70%. Located on about 5.5 acres of land with untapped acreage near a destination lake, the Company is well positioned for expansion without hindering current operations. In addition, strong industry tailwinds suggest multiple years of continued growth beyond 2021 as heightened demand has eliminated all available inventory at boat dealers across the industry.

Please find a confidentiality agreement (“CA”) to the right. If you would like to learn more, please return a completed and signed CA for access to the Confidential Information Presentation or reach out to gabrielle@321capital.com with any questions.

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Three Twenty-One Capital Partners welcomes the opportunity to confidentially discuss your business needs.