Business For Sale

Automotive & Boats: Marine Repair, Retail, Parts & Service


Marine Repair & Boat Service Business

Not Disclosed, VA

Asking Price: Annual Revenue:
$150,000 $470,000

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RE: Marine Repair & Boat Service Business Broker: Thomas Hennessy Horizon Business Brokers, LLC
Owner Financing is Available!
Available depending on the final purchase price, terms and qualifications of the buyer.

Quick Facts

Asking Price: $150,000
Annual Revenue: $470,000
Net Profit: Not Disclosed
Cash Flow: $46,000
Total Debt: Not Disclosed
FF&E: $27,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 6
Listing Number: 186132377

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Business Overview:

Marine service company offering yacht brokerage, maintenance/repair services and charter/event planning for over 15 years. The business is located in the Northern Neck region of Virginia and is ideally positioned to serve customers with boats all along the Potomac River and its numerous tributaries.

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Property Features and Assets:

Open yard with Construction Trailer as Office, 40’ Houseboat for Storage, Garage Sized Shed. Yard Contains a 30 ton Travel Lift and a Hydro Transport Trailer (up to 32’ boats).

Market Competition and Expansion:

Competition: Minimal direct competition in the industry and market. Growth & Expansion: Open a DIY (do it yourself) storage area and charge rent. The previous operator generated approximately 80% of revenue from storage fees. Current Owner has 30 active contracts and has been turning away prospective new clients.

Reason for Selling:

Managerial responsibilities growing at Marina.

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:

Relevant Links:

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