Marine Tech Opportunity/Turnkey Service Shop With Real Estate

Asking Price$499,000

Cash Flow
$23,171
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$239,539

Inventory$30,000
Included in asking price
FF&E$75,000
Included in asking price
Real Estate$460,000
Not included in asking price
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Marine Tech Opportunity/Turnkey Service Shop With Real Estate


Asking Price$499,000

Cash Flow
$23,171
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$239,539

Inventory$30,000
Included in asking price
FF&E$75,000
Included in asking price
Real Estate$460,000
Not included in asking price
Business Description
Excellent Location. Space for Storage Unites Rentals.
TRANSWORLD BUSINESS ADVISORS OF SOUTH & WEST TEXAS - LISTING REF # 76931-751443

Marine Technicians can take advantage of this turnkey opportunity to operate their own business. Build on the solid reputation of a well-established location. This reputable marine services company has been a cornerstone in the industry since its establishment in 2009 by a dynamic Father and Son duo. Specializing in general maintenance and repairs, engine re-powers, and parts, we are dedicated to providing top-notch services to valued clients.
The business expertise extends to the sale and installation of outboard engines, representing a major brand. Additionally, the business stocks and sells a wide range of marine products, including trolling motors, jack plates, marine electronics, batteries, filters, and oil. As authorized warranty service providers for the brand they represent, their commitment to quality is unwavering.
The team, largely self-sufficient, is equipped to handle custom projects and serves numerous guides and commercial boat owners. An in-house test tank allows the business to run and test engines on-site, eliminating the need to take boats off-site for testing.
Conveniently located on the Gulf Coast, the property, spanning 54,677 sq ft or 1.2552 acres, is an excellent investment opportunity. With various buildings catering to boat repair, storage, and offices, there's additional income potential. Currently, a two-bedroom, one-bath apartment is rented for $650, and there's space for renovation to create a storefront or office space for additional revenue streams. The real estate is appraised at $480,000.
Unfortunately, with the passing of the Father, the Son, who manages another business, has decided to offer this well-established enterprise for sale. This presents an excellent opportunity for an astute entrepreneur or marine technician to acquire a turnkey business, redirect its focus, and grow the business for renewed profitability.
Don't miss the chance to be part of a respected marine services business with a legacy of quality service.
About the Business
Years in Operation
16
Employees
3
Facilities & Assets
Facilities: Commercial/Industrial/Lot & Buildings
Opportunities for Growth
Marketing efforts could be enhanced with the increased use of social media, paid search, organic search, and SEO. Additional opportunity to create a stronger website and online presence to elevate this concept to the next level. They have been primarily doing business via word of mouth with no marketing. There is much potential growth for an owner motivated to actively operate the business and seek additional work. Current Owner is semi-absentee with self-sufficient team working mostly on their own.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
54,677
About the Sale
Seller Motivation
Family/ Other Business
Transition Support
Number of Weeks Seller Will Offer Training: 2
Listing Info
ID
2184415
Listing Views
2360

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Business Listed by: Wayne Blease Transworld Business Advisors of South & West Texas

Listing ID: 2184415 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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