Marine Repair Shop with Indoor & Outdoor Storage 6 Acres

Grand Rapids, MI
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Asking Price:$425,000
Gross Revenue:$369,600
Rent:$2,595
Established Year:1974
Cash Flow:$145,200
Inventory:$3,000
FF&E:$73,474
BUSINESS DESCRIPTION

An Exceptional Opportunity to Own a Long-Standing, Profitable Marine Repair and Storage Business!

This successful marine repair shop, established in 1974, has become a trusted name for quality service and reliable storage solutions in the local area. The business occupies 6 acres of outdoor storage, accommodating boats, RVs, and cars, with additional indoor storage for boats, providing year-round revenue. Sale includes all essential tools and equipment, making it a complete, turn-key opportunity.

Business Highlights:

Over 45 Years of Service: A well-known, reputable business with a loyal client base and strong word-of-mouth referrals.
Spacious 2-Acre Property: Offers ample outdoor storage for boats, RVs, and vehicles, meeting high demand in the area.
Indoor Boat Storage: Secure indoor storage for boats, providing clients with extra protection and peace of mind.
Fully Equipped: Sale includes all necessary tools, equipment, and resources for smooth operation and continued success.
Why Invest?

Multiple Revenue Streams: Consistent income from storage and repair services, with room for expansion.
Turn-Key Operation: Fully established with all assets included, making for a seamless transition.
Growth Potential: Excellent opportunity to add services such as winterization, detailing, or increased indoor storage capacity.


DETAILED INFORMATION
Location
Grand Rapids, MI
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,200
Lease Expiration
06/11/2027
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2 Acres of Boat, RV & Car Storage Indoor Boat Storage Fully Functioning Boat Repair Shop Every piece of Equipment and Tools needed to run the shop come with the Business
Growth & Expansion
Promoting the Outdoor Boat, RV & Car Storage, there's 75 spots available. The yard is only 30-40% full. Indoor Storage -18 spots for Boats, only about 50% Full
Support & Training
Negotiable- 2-4 weeks
Reason for Selling
Other Business Opportunities
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Chris
Hays
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Chris Hays