Owner Financing is Available!
Business Overview:
This marine products supplier, located in South East Texas, was established in 1965. They service the pleasure/fishing boat (motor and sail) repair industry on the Gulf Coast, adjacent states and the Western US. Local and regional customer deliveries are made with three company vehicles and more distant deliveries are sent by common carrier. The business serves both the wholesale and the retail trade. The wholesale customer base consists of more than 1,200 repeat customers. The facility is organized into three areas, one to serve walk-in customers with a large product show room and two other areas as a stocking warehouse to fill the wholesale delivery orders. The marine products they stock have a current inventory cost value of approximately $650,000 and range from boatyard supplies, hardware, tools, plumbing items, safety gear, personal marine gear and paint which can be mixed to order. The extensive product catalog has thousands of items from over 100 manufacturers/suppliers. Custom orders are their specialty. In addition to the catalog and website, the company puts on an annual trade show at their location. The staff has extensive product knowledge and most have worked at this business for many years. Sales price includes buyer taking accounts receivable and assuming accounts payable which currently net out to $0.
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:
9,050 square feet freestanding facility.
Market Competition and Expansion:
Expand retail trade via local advertising.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: