Bendigo VIC 3550
$588,000 + SAV

DESCRIPTION

Phone enquiries - please quote property ID 33453.

Enjoy the lifestyle & community of Bendigo - An hour & half from Melbourne.

Lake Eppalock is the local boating playground.

Open 5.5 days per week, Closed Sunday

Business is run by Husband (Full time managing staff, sales) & Wife (3 days p/w Admin) + 2 Full-time Qualified Marine/ Small Engine Mechanics + Service Advisor (Front Counterparts, showroom sales) + part-time Apprentice.

It is rare to find a marine business with this combination of high-end brands. QUINTREX, YAMAHA, MERCURY, making it an enviable marine business.

The HUSQVANA power equipment brand expansion (small engines eg. chainsaws, ride-on, push mowers) provides an excellent seasonal balance to the marine division.

Located in Central Victoria close to lakes, the Murray, Loddon & Goulburn Rivers. The business has the distinct advantage of being the only marine service centre in its class in Bendigo and surrounds. The growing customer base reaches throughout extensive areas of Victoria, extending into Melbourne, south to Ballarat and throughout Western Victoria to the South Australian border.

The site in Epsom consists of a large showroom & office space, upstairs storage/office space and boardroom, a separate boat yard for new & used boats, and a workshop & service area.

Very few opportunities become available to secure commercial frontage on this stretch of highway near all major vehicle and caravan dealerships, Bunnings, Aldi, and multiple fuel & food outlets. A proposal to build a $12m Retail Development located directly opposite the business has been lodged with the council (refer to image above).

The long-term lease provides a highly exposed highway frontage premise with excellent retail exposure in the rapidly growing hub of businesses in Bendigo. Massive opportunity to expand into other products eg: Caravans, other power equipment lines, and motorcycles!

The long-established loyal customer base will be maintained as the current owners plan a transition from business operations to semi-retirement over a flexible agreed term, to provide an outstanding opportunity for the new owner/s.

$588,000 + SAV
The stock of new boats & engines is generally offset with a floorplan facility.

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