Yacht Builder

Pinellas County, FL

Seller Financing Available

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Asking Price:$450,000
Gross Revenue:$1,179,960
FF&E:$10,000
Cash Flow:$94,422
Inventory:$200,000
Established Year:1985
BUSINESS DESCRIPTION

Long established yacht builder located in the center of Tampa Bay FL area. Owner runs the business but no longer builds boats as staff is in place for that. Approximately $200K of inventory is included in the purchase price. Owner is willing to finance a qualified buyer with a small amount down.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
14,620
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Warehouse and office space.
Competition
Few boat builders in the area that build the same type boats.
Growth & Expansion
Huge potential for growth with a younger owner looking to grow and add more marketing and sales.
Financing
$50K down/$400K over 60 mos. @ 5%.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Retirement.
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Lonnie
Veasley
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Lonnie Veasley