Boat Repair with Supporting Retail Component

Washington

Seller Financing Available

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Asking Price:$10,500,000
Gross Revenue:$16,000,000
Cash Flow:$2,100,000
BUSINESS DESCRIPTION

Superior Reputation - Loyal Customer Base - Diversification of Revenue Streams

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 & service, and generator install and service.

The company has several dozen employees and a middle management level. Ownership executively manages the operation.


DETAILED INFORMATION
Location
Washington
Inventory
Not Included in asking price
Financing
The owner will consider offers that include a seller financing component from qualifi
Support & Training
The seller will provide an appropriate amount of transition training/consulting to smoothly transfer ownership of the business.
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Gregory
Kovsky
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Gregory Kovsky