Marine Engines & Parts. Inventory Value 20 Million
Not Disclosed, FL Broward County
South Florida Close to Sea Airports
Seller's Contact Information
- RE: Marine Engines & Parts. Inventory Value 20 Million
- Contact: Brian Zoberg
- License #: BK3289133
Quick Facts
| Asking Price: | $3,500,000 | |
| Annual Revenue: | $2,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $400,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $299,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | 12 | |
| BBN Listing #: | 382456348 | |
| Broker Reference #: | MARINE |
Business Overview:
Sellers estimate approximately 20 million dollars in parts, engines, transmissions, and generators. This business finds & purchases used engines, generators, transmissions, parts etc... for yachts, commercial charters, tugboats, and watersports operators. Business is being sold based on a discounted value of the inventory even though it is ongoing, fully operational, and profitable. 2022 gross revenue ~1.3M. This is a lucrative set up where you can fix, refurbish, and resell for an estimated 50% of wholesale prices while operating on very large profit margins. The current sales are generated via the company website, ebay, walk in customers, repeat business and referrals. If its a marine related part this company probably has it. If you need a part for your boat or need to replace an engine or transmission this is the place to go. Extensive inventory of hard to find and unavailable items. A new owner can capitalize on this unique opportunity by improving the real time inventory system that has been created by the current owners, increasing online presence, forming a salesforce, and consulting team. Additional revenue is generated by repairing and rebuilding engines, transmissions, and generators. Team of well qualified mechanics in place that are willing to stay on post-closing. Located near South Florida sea and airports which is convenient for international sales and shipping. Many clients throughout the Caribbean and Latin America. Sellers will assist in a transition period. Only a fraction of the in-stock inventory is currently online. The facility is a 22,000 square feet warehouse packed from floor to ceiling and includes a designated repair station. Plus, a large, secure lot that is 1/4 acre. Works with salvage yards, scrap yards, boat yards, insurance companies, sunken boat recovery etc... Sellers are literally sitting on millions of dollars. The business is asking for a new owner/group to take over and start mining out the money. Proof of funds required prior to receiving information.
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Property Features and Assets:
22,000 Square Feet Building with repair shop onsite. Offices, and very large warehouse packed, floor to ceiling with in demand saleable inventory.
Market Competition and Expansion:
Highly In demand. Limited Competition. Customers world wide. Unique business opportunity, scalable and very profitable. Growth & Expansion:Increase online marketing, advertising, promotion. Further develop real time inventory system.
Reason for Selling:
Please Call
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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