Boat Repair with Supporting Retail Component
Asking Price: | $10,500,000 |
Gross Revenue: | $16,000,000 |
Cash Flow: | $2,100,000 |
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.