Owner Financing is Available!
Business Overview:
Custom Marine Canvas & Upholstery Shop adjacent to Charleston, SC - For Sale For $95,000! Includes: Furniture, Fixtures, Equipment, Client List & Ongoing Orders & Stocked materials, etc. Don't be fooled by the low sale price number! This business could easily be doing 3 times the current work load if the right, energetic person(s) take advantage of the potential. Business was established in 1990 & has enjoyed continued growth, an excellent, established clientele located nearby & 25 concentrated areas with boats & marinas all within minutes of the shop. If you have over 5 to 10 yrs of full-time experience doing custom marine canvas, residential and / or auto upholstery and have the ability & skills to fit, sew & install quality work full time …..The selling Owner may accept you with *** JUST $5000 MONEY DOWN *** because this business is very well established & serious money flows. There is a nice 3 bedroom home available to own, rent or share depending on your needs. This is a total no-brainer for a current operator in a cold climate looking to move south or expand, or an exceptional employee wanting to go to the next level as an Owner. We also have a fully functioning website with online marine supplies store. ONCE in a lifetime opportunity * DO NOT WAIT...call right now...or you will be wishing you did! Current Owner has been doing marine canvas for 30 yrs. Demands of new Yacht Brokerage division has grown & Owner wants to devote most of his time to its operations. The Marine canvas shop is a healthy, successful business & a great opportunity for the right person or company looking to expand or relocate. Turnkey operation with steady, ongoing contracts & reliable income. The length of time established assures year round business & little seasonal fluctuations in income. Shop runs very efficiently with very low overhead ( Do the math: almost endless marine jobs billed at an average of $79 per hour (sometimes a lot more & with overhead less than 25%. This business enjoys being considered one of the finest outfitters on the East coast. Sale of the business only includes everything except house & lot - however, the Owner will consider selling all the above & with flexible financing. ( Real Estate valued at approx.$195,000). Short term training & partnerships being considered with a down payment. Recently built shop facility is brightly lighted, central heat & air, has very high ceilings & wide open view to the outside through many windows & two doors (pictures available upon request). Shop is efficiently laid out with lots of storage, a good selection of stocked materials, hardware, tubing, fittings, etc. Owner is willing to continue as primary contact to produce sales & as a p/t consultant or fitter when needed. The close link to the yacht brokerage will even produce more orders as that area grows. Ample parking for about 6 vehicles including a utility carport for outdoor work plus a side & gated rear area. Equipment includes: Consew 206 rb1; Brother Ls2 walking foot industrial machines; professional tubing bender & crowning attachment, computer, printer, fax & all necessary hand tools, rules, tables, 3 tier material rack & $5000+ in stocked materials, etc. Plus, all tools & equipment required for off-site operations. Everything is in good condition & currently being used to produce ongoing orders! Shop is adjacent to the attached, nicely appointed 3 bedroom 2 bath house recently painted inside & out with newly refinished hardwood floors & new ceramic tiles on the kitchen & bath room floors. Appliances including refrigerator, dishwasher, oven, microwave (new 2011), clothes washer & dryer (new 2011 & new architectural roofing tile-2007, NEW Central heat & ac throughout and all NEW house wiring and NEW 200 amp service box . Great environment to work in, Excellent clientele, yachts & marinas everywhere! - - do not hesitate !! This opportunity won't last long. Call now for more information! Together we can make this happen easily and you can start ringing the cash register tomorrow!
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located in a 1,450 square feet facility in beautiful sunny & warm coastal South Carolina adjacent to historic Charleston. One mile from Sullivan's Island beach & two miles from Charleston, adjacent to Route 703. All boats & marinas are within minutes of the shop including the Patriot Point Marina at the Marriott Hotel on the harbor. Shop is surrounded by many marine businesses that support each other with referrals & advertising.
Market Competition and Expansion:
This is a turnkey opportunity with room for considerable increase in volume on top of the pre-existing marine and other clientele. Expansion of the business could easily be achieved into more residential & commercial upholstery, awnings, auto, aircraft, sails & other non marine upholstery, not to mention the possibility of retail sales of a variety of related items. Yes, there is some competition but we stay very busy so that is not a concern at this time.
Reason for Selling:
Expansion is warranted & too busy
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: