Marine Repair Shop in Prime Location in N Texas

Not Disclosed, TX
Hood County


Asking Price: Annual Revenue:
$2,900,000 $253,660

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


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RE: Marine Repair Shop in Prime Location in N Texas Broker: Ginger Adams
Owner Financing is Available!
$900,000.00

Quick Facts

Asking Price: $2,900,000
Annual Revenue: $253,660
Net Profit: Not Disclosed
Cash Flow: $31,433
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 2
BBN Listing #: 935864075
Broker Reference #: 7262022-386703

Email or Print Listing

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Business Overview:

Get in on the lake lifestyle boom in North Texas with a profitable marine and boat service shop. This 33-year-old business is located directly across the street from the public boat ramp and park area, and is the only current location with such easy access to the lake.
This factory-authorized service provider offers complete marine repair services, ranging from boat engines to state-of-the-art electronic diagnostics, parts sales, as well as warranty work for Mercury Outboard, Mercruiser Sterndrive motors, Volvo Marine, Tohatsu and more. The strengths of this business are its prime location, strong and perennial client base, great customer service and reputation for top notch work.

Located in a 4,000 square feet building on 2 acres just south of DFW, this service center enjoys limited competition in the area. Potential growth is unlimited, with possibilities for on-the-water service, boat sales, online marketing easily able to take it to the next level. The property currently leases space to an ice house as well, generating additional income.

This is a great opportunity for an owner-operator to purchase a profitable business with real estate or for an existing business to relocated or expand. The two owners worked three decades and are now ready to retire.

Same two owners have owned the business since inception, and it has remained in the same location. primary employees as well.
The competition is low. There are mobile repair businesses and one boat dealer 5 miles away who only services its own customers.

Potential growth is unlimited, with possibilities for on-the-water service, boat sales, online marketing easily able to take it to the next level.

Business: $250,000
Real estate: $2,650,000, offered through Lynch Legacy Realty Group through Exp..

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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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