30 Year Old Marine Business - $154, 600 Cash Flow
Location Florida,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1200000
Net Profit / Cash Flow $220000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 4 - 5
Inventory 265000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Description Great business opportunity...Boating Enthusiasts will surround you! Imagine owning a business that offers both quality of life on the Pensacola Gulf Coast and profitability. This 30-year old marine business has been owned by the current owners since 1981. The Business is a factory authorized sales and service center for two major outboard motor companies. They have built a solid reputation as the best in the market area for service of outboard motors.
The Customer base includes a large percentage of repeat customers due to their exemplary standards as well as those referred by word-of-mouth. The service department, with the latest in diagnostic equipment and a huge inventory of parts, ensures quick repair in most cases. Parts are also sold to independent mechanics at a discounted rate.
Consistent growth has been one of the hallmarks of this Gulf Coast business. In 2002, the business was relocated to a 6,000 S.F. modern steel building on 1.23 acres centrally located to the downtown business district and at very close proximity to the areas Bayous and Bay. The facility includes a showroom, offices, parts department, shop and 3,000 foot loft area. The property is environmentally clean and maintained responsibly.
Our stable economy and the fact that people are looking for a great quality of life in Northwest Florida will increase demand for this business. Additional boat lines can easily be accommodated on the site as well as integrating other outboard motor manufacturers.
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