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- RE: Price Reduced Marine Service & Repair Shop With RE
- Contact: Wayne Blease
Quick Facts
Asking Price: | $499,000 | |
Annual Revenue: | $246,234 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $27,359 | |
Total Debt: | Not Disclosed | |
FF&E: | $75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | 3 | |
BBN Listing #: | 936602 | |
Broker Reference #: | 76931-751443 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-751443
This reputable marine services company has been a cornerstone in the industry since its establishment in 2009 by a dynamic Father and Son duo. Specializing in general maintenance and repairs, engine re-powers, and parts, we are dedicated to providing top-notch services to valued clients. The business expertise extends to the sale and installation of outboard engines, representing a major brand. Additionally, the business stocks and sells a wide range of marine products, including trolling motors, jack plates, marine electronics, batteries, filters, and oil. As authorized warranty service providers for the brand they represent, their commitment to quality is unwavering. The team, largely self-sufficient, is equipped to handle custom projects and serves numerous guides and commercial boat owners. An in-house test tank allows the business to run and test engines on-site, eliminating the need to take boats off-site for testing. Conveniently located on the Gulf Coast, the property, spanning 54,677 sq ft or 1.2552 acres, is an excellent investment opportunity. With various buildings catering to boat repair, storage, and offices, there's additional income potential.Â
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Property Features and Assets:
Real Estate Asking Price: $460,000.00
Square Units (Foot, Meter): 54,677
Facilities: Commercial/Industrial/Lot & Buildings.
Market Competition and Expansion:
Expansion: Marketing efforts could be enhanced with the increased use of social media, paid search, organic search, and SEO. Additional opportunity to create a stronger website and online presence to elevate this concept to the next level. They have been primarily doing business via word of mouth with no marketing. There is much potential growth for an owner motivated to actively operate the business and seek additional work. Current Owner is semi-absentee with self-sufficient team working mostly on their own.
Reason for Selling:
Family/ Other BusinessAdditional Details:
- The property is owned.
- 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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