Marine Repairs & Services Business

Not Disclosed, FL
Palm Beach County

Palm Beach County

Asking Price: Annual Revenue:
$150,000 $186,368

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

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RE: Marine Repairs & Services Business Broker: Bob Leone

Quick Facts

Asking Price: $150,000
Annual Revenue: $186,368
Net Profit: Not Disclosed
Cash Flow: $70,900
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 896711185
Broker Reference #: 170-08464

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Business Overview:

NO WEEKENDS! Mon - Fri 8:30 - 5:00 pm or add Saturdays for additional revenue. 22 years of success in the same location. Located right off I-95 and just minutes away from a local park with a boat ramp that allows for quick test drives and not wasting valuable time. This business services Johnson, Evinrude, Yamaha, and some Suzuki outboard motors. They offer complete yearly tune ups, or for their 4 stroke clients, 100-hour services. They also do boat wiring, electronics, oil changes, steering repairs and installation, new motor installation, and some minor trailer repairs. They do not perform any fiberglass or canvas work, which would be great add ons for a new owner. Absolutely zero advertising - all word-of-mouth referrals and currently running a 3-4 week backlog. No website or social media - these would be great additions for new owner. Husband & wife operation, the husband does all the repairs, and the wife answers the phone, orders the parts and does all necessary administrative work. They service one marina and do some work for the Broward Sheriff’s Office. A once in a lifetime opportunity to take this seller’s 47 years of experience and take it to the next level.

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Property Features and Assets:

Inventory: $50,000 (Included in asking price). Lease/Month: $4,300. Square Footage: 2,700. Building Type: Industrial Strip. Terms & Options: Negotiable. Expiration Date: 10/31/2021. Leasehold: $10,000

Reason for Selling:

Semi 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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