Saint Louis, MO
$3,000,000
Saint Louis, MO
$3,000,000
Key Largo, FL
$550,000
British Columbia
$5,450,000
REAL ESTATE INCLUDED
North Carolina
$12,200,000
Miami, FL
$280,000
Minnesota
$399,000
Hialeah, FL
$3,400,000
Grand Rapids, MI
$350,000
Pennsylvania
$2,250,000
REAL ESTATE INCLUDED
Aransas Pass, TX
$6,000,000
Florida
$1,200,000
British Columbia
$200,000
Miami Beach, FL
$2,700,000
$10,500,000
Washington
REAL ESTATE INCLUDED
Hoquiam, WA
$599,000
Orleans County, LA
$849,000
Stephanie Robertson
First Choice Business Brokers Denver
Serving Jefferson County, CO
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $8 billion worth of businesses. Our Denver office consists of 2 Principals, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services.
Miami Beach, FL
$119,900
Orange County, FL
$3,500,000
Miami Beach, FL
$940,000
Homer, AK
$3,000,000
REAL ESTATE INCLUDED
Massachusetts
$3,600,000
REAL ESTATE INCLUDED
Illinois
$5,990,000
REAL ESTATE INCLUDED
Suffolk County, NY
$3,500,000
Florida
$2,800,000
$1,400,000
Macomb, MO
West Palm Beach, FL
$175,000
Monroe County, FL
$1,500,000
Florida
$600,000
Pennsylvania
Murrells Inlet, SC
$89,000
Trotwood, OH
$295,000
Sunapee, NH
$3,900,000
Marine/boat service and dealer businesses encompass a wide range of operations that cater to the needs of recreational and commercial watercraft owners. These businesses specialize in selling and servicing a variety of vessels, including boats, yachts, ships, and personal watercraft. The services within the industry are comprehensive, extending beyond just sales to include specialized maintenance, repairs, refitting, and retrofitting designed to keep watercraft in optimal condition. Additionally, many businesses within this sector offer boat chartering services, meeting the demands of those seeking temporary use of high-quality watercraft for leisure or business purposes.
To provide some financial context on this market, we have analyzed current and recent listings and aggregated key data points below.
Market Overview
Number of Businesses Analyzed |
97 |
Median Asking Price |
$735,000 |
Median Reported Revenue |
$1,005,473 |
Median Reported Earnings |
$198,229 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Marine Service & Dealer Business Valuation Multiples
Range |
Revenue |
Earnings (SDE) |
Lower Quartile |
0.52 |
2.11 |
Median |
0.70 |
3.20 |
Upper Quartile |
1.65 |
5.00 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the Report:
Marine/Boat Service & Dealer Business Valuation Benchmarks
FAQs
How much does it cost to buy a marine service or dealer business?
The cost to purchase a marine service & dealer company can vary significantly based on location, size, and revenue, but the median asking price for the businesses analyzed is approximately $735,000.
How much do these business owners earn?
Marine service and dealer business owners report a median annual revenue of $1,005,473 and median annual earnings of $198,229. This represents seller's discretionary earnings, which include the owner’s salary and any additional financial benefits the owner receives.
How do I value marine service & dealer business?
Valuing a business typically involves assessing its annual revenue and earnings, then comparing it to similar businesses selling or recently sold. Buyers and sellers typically start by applying valuation multiples derived from similar businesses that are selling or recently sold.
Marine/boat service and dealer businesses listed for sale are asking revenue multiples ranging from 0.52 to 1.65, with a median of 0.70. Earnings multiples range from 2.11 to 5.00, with the median at 3.20. This means the average marine/boat service and dealer business may sell for around 0.7 times its annual revenue, and 3.2 times its annual owner earnings.
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