Month to Month Lease, Easily Relocatable! Boasting a reputation for high quality standards and attention to detail, the company is a repair and service provider specializing in outboard boats. Acting as an authorized claim and service center with factory trained technicians, the primary services include engine repairs, vessel services, cleaning services, part and engine sales, and pre-purchase inspections. Located just 30 miles from Palm Beach, the leased 2,640-sq.ft. facility includes a storefront, warehouse, storage yard, and office space. With six experienced personnel, they have a proven track record, supported by nearly 20 years of ongoing business. The marketing efforts focus on targeting individual boat owners (95%) and commercial fleets (5%) within Martin county and surrounding areas of East Coast Florida. Revenues have been steady over the past five years due to an improving local economy. Last year, the total revenue was $628,011 with Seller’s Discretionary Earnings of $179,379. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.
Listing includes Equipment of $43,427 and Inventory valued $143,324.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.