Marine Engine Sales & Services

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Excellent Business with Room to Grow
Asking Price:
$650,000

Gross Revenue:
$4,500,000
Cash Flow:
$250,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000,000
not included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a marine engine distributor that's been in business for over 25 years. They sell large engines, engine parts, and service to the West Coast with offices in Seattle and California, and provide high-quality, well-trained, and trusted engine services 24/7. Their distribution agreement includes parts of British Columbia and Mexico. The sale also includes the company's biogas power generation division.

About the Business

Year Established:
1990
Number of Employees:
11
Real Estate:
Owned
Building Sq. Ft.:
10,000
Facilities:
The business Is located in a 10,000 square foot facility, with easy access and sufficient parking. Business owners also own building, so a favorable lease agreement can be negotiated. Company also operates a service and repair facility in Southern California
Market Outlook/
Competition:
There are other companies that sell or distribute marine engines, but this company has the exclusive West Coast distribution rights for a major European engine manufacturer.
Growth & Expansion:
This company additionally provides service for industrial and agricultural equipment, and has recently signed a distribution contract with a company that manufactures smaller marine engines. Both actions will provide growth.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
As needed and agreed upon.

Listing Info

ID:
1363256
Ad Detail Views:
709

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Business Listed by

Fred Canada

The Quincy Group

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