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- RE: Est Outboard Boat Repair, Service, Parts, & Sales
- Contact: Russell Cohen
- License #: SL679527
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $3,494,291 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $425,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 40 | |
Employees: | 6 | |
BBN Listing #: | 945489 | |
Broker Reference #: | 1287-00007 |
Business Overview:
Reason for sale: Focusing on other business investments. Long Established Outboard Boat Repair, Service, Parts & Sales.Official dealer for Mercury & Yamaha + Evinrude marine outboards. Established over 40 years servicing the boat community with an impeccable reputation. The company fix all center consoles for boats like Contender, Yellowfinn, Freeman, Hydrosport, Mako, Seahunter, Midnight Express Boston Whaler and more. Open M- F 8-5 no weekends hours. Long tenured staff will stay with new ownership. Seller will provide long term lease. 2023 sales exceeds $3.4 million+ with an adj SDE of $425,000+. All buyers must have experience in the industry and provide financial strength to be approved as a buyer.
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Property Features and Assets:
$25,000/Month- 4,052 Square feet -5 year lease + one-5 year option.
Market Competition and Expansion:
There is no local competition.
Reason for Selling:
Focusing on other core investmentsAdditional 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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