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Marine Repair Shop In Prime Location In N Texas
Not Disclosed, TX
HOOD County
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| Asking Price: | Annual Revenue: |
| $2,800,000 | $253,660 |
Automotive & Boats: Marine Repair, Retail, Parts & Service
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RE: Marine Repair Shop In Prime Location In N Texas
Contact: Ginger Adams
Owner Financing is Available!
$900,000.00
Quick Facts
| Asking Price: | $2,800,000 | |
| Annual Revenue: | $253,660 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $31,433 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | $2,650,000 | |
| Year Established: | 1989 | |
| Employees: | 2 | |
| BBN Listing #: | 935864075 | |
| Broker Reference #: | 7262022-386703 |
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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 homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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