Well-Established Marine Electrical/Electronics

Not Disclosed, MD


Asking Price: Annual Revenue:
$389,000 $434,069

Technology: Hardware


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RE: Well-Established Marine Electrical/Electronics Broker: Will Ferguson

Quick Facts

Asking Price: $389,000
Annual Revenue: $434,069
Net Profit: Not Disclosed
Cash Flow: $141,637
Total Debt: Not Disclosed
FF&E: $5,768
Real Estate: Not Disclosed
Year Established: 1994
Employees: 2
BBN Listing #: 87563451
Broker Reference #: WF-022723

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Business Overview:

This well-established marine electrical/electronic business has been in operation for almost 30 years. This business specializes in custom installation, repairs, and maintenance of marine electronics and electrical systems for both recreational and commercial vessels.This business has strong relationships with other local marine businesses and an extensive list of loyal repeat customers. Due to the nature of this business, management believes that business relationships with clients could be easily transferred.

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Property Features and Assets:

Home-based office, utilize a 12x12 storage unit and trailer rental.

Market Competition and Expansion:

Increased advertising could be used to create growth.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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