Owners Motivated! Boat Repair Business with Huge Growth Potential!
Business Description
This Turn-Key, Boat Repair Shop in West Salem has provided superior boat repair services for almost 30 years! With their large, well established client base this business is perfect for an established repair company to add a new location or a repair mechanic / technician wanting to start their own business and hit the ground running! The location is easily accessible for trucks pulling boat trailers and is the only boat repair shop in West Salem. Owners are motivated and flexible with terms!
About the Business
- Years in Operation
- 28
- Number of Employees
- 3
- Facilities & Assets
- 4,000 square feet of workshop area with roll-up bays plus 280 square feet of office space with bathroom facilities.
Two additional covered work areas and plenty of space for parking and outside boat storage. All equipment, tools and inventory are included in the business sale. Flexible lease terms available with renewal options for the almost 1/2 acre of land and structures. - Market Outlook / Competition
- The demand for boat repair and maintenance services is projected to increase by 9% yearly as new boat sales decline. This location is the only boat repair provider in prestigious, West Salem, Oregon.
- Opportunities for Growth
- The current gross revenue for this business, of over $750,000, has been achieved with two working mechanics and one office support person. There is plenty of space for expansion and additional mechanics which would substantially increase annual revenues as well as support the growing demand of this industry!
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,280
- Rent
- $3,990.00 per month
- Lease Expiration
- 9/1/2028
About the Sale
- Seller Motivation
- The owner plans to retire.
- Transition Support
- The owner is willing to hire and train additional mechanics and office staff as needed!
- Financing Options
- Seller is willing to consider carry-back financing!
Listing Info
- ID
- 2360659
- Listing Views
- 1235
Business Location
Listing ID: 2360659 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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