SERVICE BUSINESS - #6051

| Asking Price: | $244,900 | Inventory: | $8,000 ++ |
| Gross Revenue: | Not Disclosed | Real Estate: | $190,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | $14,200 ++ |
| ++ included in the asking price ** not included in the asking price | |||
SERVICE BUSINESS: This marine fabricator of canvas and upholstery is located near Lake Erie and the Islands. Repair and replacement services include custom design, fabrication and installation of boat covers, tarpaulins, windows, enclosures, wind dodgers, etc. primarily for the local marine market. They also fabricate cushions and upholstery, and can provide canvas and upholstery work for other market segments beyond just marine. Sales were over $100,000 in just half of 2008. In business for over 20 years, the owner is ready to retire. A buyer could purchase the business only for $54,900 and then rent the shop space for just $850 per month. Or, a buyer could purchase the real estate also. The land includes two residential units currently generating over $1,100 per month, well above any ownership costs! The owner is willing to provide training, will sign a non – compete agreement, and would consider financing a portion of the sale. Contact us to find out more about this competitively – priced business and real estate offering, and to learn more about several unique ways this business could easily and quickly expand its total sales, with little if any additional capital investment.
About the Business
Year Established:1987
Employees:1 full time -
Facilities:Lease Amount: $850 per month
About the Sale
Management Training and Support:Seller is willing to provide training to buyer for a negotiated period of time.
Reason For Selling:Retirement
Seller Financing:Seller would consider financing a portion of the sale for a qualified buyer.
KEYWORDS: service, service business, marine, fabricator, canvas, upholstery, repair, replacement, design, boat covers, windows, enclosures, Ohio, OH
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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. Please review the full Disclaimer here.
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