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Established Boat Service & Brokerage - High Demand (35 years)

Marco Island, FL

Seller Financing Available

listing image
Asking Price:$750,000
Real Estate:$515,000
Cash Flow:$247,500
Established Year:1987
Listing ID: 2063698Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established boat repair business with brokerage (turnkey) in Marco Island, FL successfully operating for over thirty-five years with a large loyal clientele base. Rare opportunity in Marco Island, FL. Marco Island doesn’t seem to be negatively impacted by the economy as other areas may be. Relatively no local competition with high demand operations. Owner is retiring.

Business Portion of offering is $300,000. Real Estate portion of offering is $450,000.

Real Estate includes owned C5 property - very hard to come by on Marco Island. We also have an assumable lease on space next door. Each unit is approximately 1,000 SF. Owner will consider financing the Real Estate portion of the offering with down payment.

Relatively no local competition with high demand operations. Often booked a month in advance. Equipment includes two trucks, trailers, forklift, tools and office equipment. Inventory - One large room containing considerable parts inventory.

Two experienced Mechanics, and one part-time office person in addition to the owner. Multiple dealerships.

Any additional information regarding business will require a confidentiality agreement.

DETAILED INFORMATION
Location
Marco Island, FL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,000
Employees
3
Facilities
Real Estate includes owned C5 property (very hard to come by on Marco Island). We also have an assumable lease on space next door. Each unit is approximately 1,000 SF. Several parking spots in front of building with space in back for boats, trailers, etc. Owner will consider offering the real-estate as an owner finance with down payment. Equipment includes two trucks, trailers, forklift, tools, office equipment. Inventory - large room containing considerable parts inventory.
Competition
The current market is the best it has been since the business was established. There is no similar local competition on the island. We are often booked a month in advance, with calls and requests constantly pouring in.
Growth & Expansion
The brokerage can be expanded. Workload and income can be increased with additional employees.
Financing
Owner will consider financing Real Estate portion of offering with down payment
Support & Training
Negotiable
Reason for Selling
The Owner will be retiring.
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Tricia Barrett
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Tricia Barrett
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