Reason for sale: Focusing on other business investments. Long Established Outboard Boat Repair, Service, Parts & Sales.Official dealer for Mercury & Yamaha + Evinrude marine outboards. Established over 40 years servicing the boat community with an impeccable reputation. The company fix all center consoles for boats like Contender, Yellowfinn, Freeman, Hydrosport, Mako, Seahunter, Midnight Express Boston Whaler and more. Open M- F 8-5 no weekends hours. Long tenured staff will stay with new ownership. Seller will provide long term lease. 2023 sales exceeds $3.4 million+ with an adj SDE of 425k+. All buyers must have experience in the industry and provide financial strength to be approved as a buyer
- Asking Price:
- $750,000 Furniture / Fixtures included
- Sales Revenue:
- $3,494,291
- Cash Flow:
- $425,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
$25,000/Month- 4052 Sq ft -5 yr lease + one-5yr option
- Leasehold Rent:
-
$25,000 per annum
- Location:
-
Miami-Dade County
Business Operation
- Competition / Market:
-
No local competition
- Reasons for selling:
-
Focusing on other core investments
- Trading hours:
-
Mon- Fri 8-5
NO WEEKENDS
- Employees:
- 6
- Years established:
- 40
Other Information
- Support & training:
-
30 days free
- Furniture / Fixtures value:
- $100,000 - included in the asking price
- Inventory / Stock value:
- $500,000