Marine Service Opportunity With Real Estate
Take advantage of this turnkey opportunity. Build on the solid reputation of a well-established location. 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, they 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. Currently, a two-bedroom, one-bath apartment is rented for $650, and there's space for renovation to create a storefront or office space for additional revenue streams. The real estate is appraised at $480,000.
Unfortunately, with the passing of the Father, the Son, who manages another business, has decided to offer this established enterprise for sale. This presents an excellent opportunity for an astute entrepreneur or marine technician to acquire a turnkey business, redirect its focus, and grow the business for renewed profitability.
Don't miss the chance to be part of a respected marine services business with a legacy of quality service.
Financials (USD)
Asking Price $399,000
Cash Flow $23,171
Sales $239,539
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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