Boat / Yacht Repair and Marine Services Business

Florida
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Asking Price:$275,000
Gross Revenue:$487,356
Cash Flow:$163,260
Established Year:1990
BUSINESS DESCRIPTION

Revenue as of 9.30.24: $365,517.12
Operating Profit as of 9.30.24: $122,445.61

2024 Annualized Revenue: $487,356
2024 Annualized Operating Profit: $163,260

An established and well-respected marine services business that specializes in boat and yacht repair is ready to be transitioned to a new owner. The business was started nearly three decades ago and has built a solid customer base with many repeat clients and a strong referral network. Skilled staff with extensive knowledge of the industry are in place, making this company known for its high-quality work and commitment to customer satisfaction.

The Business is located along the Florida Gulf Coast. This area offers the perfect balance of work and play, business and family. The Florida Gulf Coast holds a rich history and is home to miles of beautiful and pristine white-sand beaches.


DETAILED INFORMATION
Location
Florida
Inventory
Not Included in asking price
Real Estate
Leased
Employees
6
Facilities
The facilities are located at a commercial shipyard in Northwest Florida and the property is leased. Office space and inside storage total approximately 1,600 square feet.
Competition
Growth opportunities lie in increasing staff in order to expand services.
Support & Training
Will be provided by the seller.
Reason for Selling
Retirement
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Lawrence
Moore
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Lawrence Moore