Marine dealership, boat and motor sales, 23 years trading

About the business

This is a marine dealership in the Northern Territory, based in Darwin and trading for over 20 years. It began trading in 2003 and has traded continuously for over 23 years. It holds the exclusive Northern Territory dealership for an outboard motor brand, and is ranked among that brand's top five dealerships nationally. It also has exclusive dealerships for several boat hull brands, and is a marine electronics dealer. Income comes from new boat and motor sales, mechanical servicing and repairs, and marine parts, accessories and electronics. About 80% of customers are recreational and about 20% are commercial and government clients. The mechanical workshop is booked well in advance and has qualified staff. The business has a showroom, workshop facilities and operational systems, and operates five days per week. Supplier floorplan finance facilities are available. The broker reports a strong industry reputation and a large, loyal customer base that returns for servicing, upgrades and replacement equipment. The broker reports that word-of-mouth referrals bring new business with minimal paid advertising. The broker reports growth potential from Darwin's expanding Defence, Oil & Gas and construction sectors, and from younger tradespeople and professionals moving to Darwin.