Business For Sale

Marine Electronic Repair and Installation In So FL

Dania, FL
Broward County


Asking Price: Annual Revenue:
$1,795,000 $2,300,747

Manufacturing: Electronics & Technology


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RE: Marine Electronic Repair and Installation In So FL Broker: Patrick Gagliardi

Quick Facts

Asking Price: $1,795,000
Annual Revenue: $2,300,747
Net Profit: Not Disclosed
Cash Flow: $835,965
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 6
BBN Listing #: 1583344
Broker Reference #: 3520

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Business Overview:

This twenty year old Marine Electrical contractor specializing in the supply, installation and repairs of electronic equipment for the Mega yachting industry. They have a long standing partnership with some of the worlds largest Italian yacht builders. Their team of experienced Marine Technicians provides knowledgeable solutions to the yacht industry whether working on new boat builds, troubleshooting repairs or re-outfitting projects. Perfect books and records.

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Property Features and Assets:

Currently rent two locations: a small business office and a shared workshop with a ship builder at a marina.

Market Competition and Expansion:

South Florida is the Yachting Capital of the World. Many of the new Mega Yachts built in Italy come to South Fla from the ship yards for service, outfitting and completion.

Reason for Selling:

Retirement

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.

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