Santa Cruz, CA
$397,500

Santa Cruz, CA
$397,500
Saint Louis, MO
$3,000,000

British Columbia
$5,450,000

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
British Columbia
$200,000
Miami Beach, FL
$2,700,000
REAL ESTATE INCLUDED
Hoquiam, WA
$599,000
Orleans County, LA
$849,000
$1,100,000
Crystal River, FL
South Carolina
$475,000
Orange County, FL
$3,500,000
Jorge Benejam
Murphy Business & Financial Corporation
Serving Miami-Dade County, FL
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
West Palm Beach, FL
$175,000
Florida
$600,000
$567,000
Fairlee, VT
New Jersey
Not Disclosed
Monroe County, FL
$1,500,000
Pennsylvania
Not Disclosed
Weld County, CO
$2,950,000
Trotwood, OH
$295,000
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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