Seller's Contact Information
- RE: Marine Repairs & Services Business
- Contact: Bob Leone
Quick Facts
Asking Price: | $115,000 | |
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 |
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 homebased business opportunity.
- This is not a franchise resale opportunity
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Marine Service Business Established 15 years
January thru August 22 the owner and 1 mechanic serviced approximately 200 satisfied customers with average service order of $1,550.The owner is currently searching for two very qualified marine mechanic replacements to purchase either the operating company or the operating company and the very well organized real estate available for acquisition.