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Agriculture, Forestry & Fishing

Specialty Marine Dealer: Inflatable & Rigid Boats

Halifax, NS, CAN
Updated 176 days ago

This established marine business has been serving customers across Canada since 1998, specializing in the sale and service of inflatable and rigid inflatable boats (RIBs). In a market often filled with lower-quality products and limited after-sales support, this company has built its reputation on offering premium boats and outstanding customer service. Its commitment to quality has earned it top reviews and a loyal customer base nationwide. Operating from a coastal location in Eastern Canada, the business includes a retail storefront and warehouse facility, and ships products across the country—ensuring customers from coast to coast have access to reliable inflatable boating solutions. Known for its quality, reliability, and customer focus, this business is a trusted name among boating enthusiasts.

Employees

2 PT

Real Estate

Real Property Included

Relocatable

This business can be relocated.

Trading Hours

Monday-Friday 10am-5:30pm

Management Type

This business is owner operated.

Premises Details

The property included in the sale is owned by the sellers and is in good overall condition. It supports the operational needs of the business, including storage, sales, and service functions. The facilities have been maintained and updated over time to ensure continued functionality and efficiency.

Years Established

27

Support & Training

Will train for 4 weeks @ $0 cost.

Expansion Potential

The current owners have relied on traditional business methods, with limited use of digital marketing or social media. This presents strong growth potential for a new owner with modern strategies, particularly in online engagement.

Competition / Market

The business primarily serves individual recreational customers, with additional sales to institutional clients such as public agencies and emergency services. Most transactions are retail-based. While no formal top-customer list is maintained, the typical product lifecycle and the company’s strong reputation contribute to a high rate of repeat business.

Inventory / Stock Value

$624,744 (CAD)

Reason for Selling

Retirement.

Financials

Asking Price
$1.2M
RevenueMost Recent Year
$737K
Earnings (SDE)Last Reported
$141K
Assets ValueIncluded in Asking Price
$40K
Seller Financing
Not available

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