Established Marine Company For Sale With Property Near Sarasota, FL
Business Description
HS Listing ID-64836
Asking Price: $2,100,000 ($1,600,000 for the property, $500,000 for the business)
Annual Figures: 2023
Gross Sales: $1,377,867
Net Profit: $185,628
Business Highlights:
– Business started in 1997
– Located on a busy road
– 10 employees
– Owner is not involved very much. Works 10-20 hours a week
– Has contracts with OEM companies
– Mobile service available to clients
– Inventory is around 25K-30K
– Has forklifts and tractors
– Numbers have been around 1 mil gross consistently over the past 8-10 years
– Around 100K in cash receipts each year
– Property is 1.5 acres worth $1,600,000
– Building is about 3,000 sq ft
– More details about the building upon request
– Has a tenant paying $2,900 a month
– Open to selling the real estate and the business. Can also sell just the real estate and move the business, but not open to just selling the business without the real estate
2023 Addbacks
Cash (Net Profit): $100,000
Contract labor: $3,000
Equipment purchase: $60,000
Extra inventory purchase: $10,000
Tentative Profit (Loss) 2022 Tax Return: $12,628
+ $173,000 (addbacks)
= $185,628 True net for 2023
2022 Addbacks
Cash (Net Profit): $100,000
Contract labor: $3,000
Equipment purchase: $60,000
Extra inventory purchase: $10,000
Tentative Profit (Loss) 2022 Tax Return: ($ – 67,681 )
+ $173,000 (addbacks)
= $105,319 True net for 2022
2021 Addbacks
Cash (Net): $100,000
Contract labor: $3,000
Equipment purchase: $60,000
Extra inventory purchase: $10,000
Tentative Profit (Loss) 2021 Tax Return: ($ – 345.00)
+ $173,000 (addbacks)
= $172,655 True net for 2021
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Asking Price: $2,100,000 ($1,600,000 for the property, $500,000 for the business)
Annual Figures: 2023
Gross Sales: $1,377,867
Net Profit: $185,628
Business Highlights:
– Business started in 1997
– Located on a busy road
– 10 employees
– Owner is not involved very much. Works 10-20 hours a week
– Has contracts with OEM companies
– Mobile service available to clients
– Inventory is around 25K-30K
– Has forklifts and tractors
– Numbers have been around 1 mil gross consistently over the past 8-10 years
– Around 100K in cash receipts each year
– Property is 1.5 acres worth $1,600,000
– Building is about 3,000 sq ft
– More details about the building upon request
– Has a tenant paying $2,900 a month
– Open to selling the real estate and the business. Can also sell just the real estate and move the business, but not open to just selling the business without the real estate
2023 Addbacks
Cash (Net Profit): $100,000
Contract labor: $3,000
Equipment purchase: $60,000
Extra inventory purchase: $10,000
Tentative Profit (Loss) 2022 Tax Return: $12,628
+ $173,000 (addbacks)
= $185,628 True net for 2023
2022 Addbacks
Cash (Net Profit): $100,000
Contract labor: $3,000
Equipment purchase: $60,000
Extra inventory purchase: $10,000
Tentative Profit (Loss) 2022 Tax Return: ($ – 67,681 )
+ $173,000 (addbacks)
= $105,319 True net for 2022
2021 Addbacks
Cash (Net): $100,000
Contract labor: $3,000
Equipment purchase: $60,000
Extra inventory purchase: $10,000
Tentative Profit (Loss) 2021 Tax Return: ($ – 345.00)
+ $173,000 (addbacks)
= $172,655 True net for 2021
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Number of Employees
- 10
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2326475
- Listing Views
- 1568
Listing ID: 2326475 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.
Businesses for SaleFlorida Businesses for SaleFlorida Retail Stores Businesses for SaleFlorida Marine Sales, Parts & Services Businesses for Sale
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