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Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!

Highlands, NJ

Automotive & Boat

Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!

Asking price

$725,000

Cash flow (TTM)

$265K

Reported by seller

Revenue (TTM)

$482K

Reported by seller

Inventory

Private

Released after NDA

EBITDA (TTM)

$265K

Reported by seller

ScoutSights · Computed insights

The narrative

A look inside Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!.

#1 marine services brand in the country. This owner has exclusive rights to operate the Franchise in North Jersey. This location has 1,550 members paying $249/year. The location has been in business for 36 years and is very well known in the area. Current owner purchased the business 17 years ago. There are 6 licensed captains who have been working there for many years. Significant income and referrals come from insurance companies. Current owner works as one of the captains, but business can be run absentee by giving more hours to the other captains. This is a seasonal business which would allow the new owner to have other business interests in the winter months. This Brand only has 5 locations in NJ and there hasn’t been one available in 8 years! The brand isn’t selling new territories in NJ so this is a very rare opportunity to purchase a membership based marine services business and be able to live a relaxed lifestyle on the water “working” only 6 months a year! Sale includes 4 well-maintained boats and other equipment worth 300k. Membership pricing has increased by 25% this year, which will result in over $250,000 in cash flow for 2024.

The fine print

Detailed information.

IndustryAutomotive & Boat
Employees6
Real estateLeased
Reason for sellingRetirement
LocationMonmouth County, NJ
Down payment75000
Year established2003
Monthly rent$2,500/mo
FF&E300000
Contact number
Email

BizScout Score

How this listing scores against everything else on BizScout.

An at-a-glance read on listing quality. Higher means the deal is well-priced, the financials look healthy, and the data is well-documented. A low score often means the seller hasn’t shared enough data yet, not that the deal is bad.

82
BizScout Score
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Why this score?

Historical comps

How this asking price compares.

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Recent comparable sales

Industry context

The industry this business sits in.

Size, momentum, structure, and where the risk concentrates.

Location & catchment

Monmouth County, NJ

Reference data sourced from Census ACS, Census County Business Patterns, and NOAA Climate Normals. Exact address shared after NDA.

Why this deal stands out

The case for this acquisition.

Scannable cards on owner involvement, asset transfer, revenue quality, and other deal-shaping signals pulled from this listing.

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Asking price

$725,000

View on BizScout