Boat Repair With Supporting Retail Component
Not Disclosed, WA Not Disclosed
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- RE: Boat Repair With Supporting Retail Component
- Contact: Erin Ward
Quick Facts
| Asking Price: | $10,500,000 | |
| Annual Revenue: | $16,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $2,100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 954801 | |
| Broker Reference #: | MRS2024 |
Business Overview:
The origin story of this multiple decade old business was as a boat maintenance company. Ownership enhanced the operation over time to include a robust retail component to support their maintenance operation and support boaters in needs of replacement parts and other components.
The business is located in close proximity to an active boating area for both commercial & pleasure craft activities.
The retail side of the business offers a wide variety of marine products from hand pumps, spark plugs, tarps, crab and shrimp pots, marine stereos, lights, batteries, etc. The offerings are from some of the best-known brands including Garmin, Crusader, Epco, Flojet, Newmar, etc. The service side of the business offers oil changes, engine repowers, electronic, and more. In addition, transmission service, engine rebuild and service, and generator install and service.
The company has several dozen employees and a middle management level. Ownership executively manages the operation.
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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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