Trusted Marine Service Business with Loyal Customer Base

Asking PriceNot Disclosed

Cash Flow
$162,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Trusted Marine Service Business with Loyal Customer Base


Asking PriceNot Disclosed

Cash Flow
$162,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Company Profile:
- This 30-year-old business has an outstanding reputation and exceptionally loyal customer base
- Specializes in the design, installation, integration, and repair of complete marine systems and custom yacht carpentry
- Long term partnerships with key suppliers, opportunities to grow those relationships
- Recurring revenue from supplier website referrals (service and sales)
- Excellent Maryland location near the center of the boating industry
- Situated in a busy marina with easy access for customers

Benefits to Buyer
- Consistent revenue between $1.2M and $1.4M
- Relationships with 40 manufacturers
- 30 year history in the Annapolis area marine community
- Reliable, experienced team of employees
- Five slips that come with the business
- Shop that is immediately adjacent to the boat slips for easy access/repair to customers’ boats
- Established business processes
- Seller understands the need for a smooth transition and will work with buyer

Buyer Profile:
- An individual with a background in marine repair or a boater who’d like to make their passion into their vocation
- A marine repair business outside the immediate Annapolis area which would like to expand
- A large marine repair business in the Annapolis area which would like to expand
Listing Info
ID
2377891
Listing Views
249

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Business Listed by: Jill Kerr Harvest Business Advisors

Listing ID: 2377891 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.