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Listed by:

Capital Business Solutions

Marine Electronics Repair And Installation In Florida For Sale

Florida, US
Asking Price:
$1,195,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,300,747 (USD)
Cash Flow:
$835,965 (USD)

This 20 year old Marine Electrical contractor specializing in the supply, installation and repairs of electronic equipment for the Mega yachting industry. They have a long standing partnership with some of the worlds largest Italian yacht builders. Their team of experienced Marine Technicians provides knowledgeable solutions to the yacht industry whether working on new boat builds, troubleshooting repairs or re-outfitting projects. Perfect books and records.

Property Information

Real Estate:

Lease

Location:

South Florida

Premises Details:

Rent two locations: a small business office and a shared workshop with a ship builder at a marina

Business Operation

Expansion Potential:

Continue to use their reputation and current relationships with yacht builders to bring in new work

Competition / Market:

South Florida is the Yachting Capital of the World. Many of the new Mega Yachts built in Italy come to South Florida from the ship yards for service, outfitting and completion.

Reasons for selling:

One partner looking to retire. The other will stay on

Employees:
6
Years established:
1998

Other Information

Support & training:

One Seller will stay on as an employee post-closing while a second Seller will provide one month of familiarities to insure a smooth transition before retiring.

Financing available:

Pre-qualified with SBA lending for qualified Buyer

Furniture / Fixtures value:
$500,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD)
Home based:
This business can be run from home.

Contact Information

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