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Full Service Marine Repair Business

Business Category: Auto Repair, Parts & Services, Automotive Dealers, Marine Dealers & Equipment, Marine Repair, Parts & Services, Service Businesses
Location: Michigan

Listing Price:

$350,000


Revenue: $313,746
Cash Flow: $121,689

Real Estate Available: For Lease
Reason For Sale: Retirement
Number of Employees: 2

This profitable and growing full service Marine Repair Company with storage is in an excellent location.

The Company provides Marine Repair Services for all makes & models. In addition to mechanical repair, the Company also does fiberglass, electrical, as well as custom work. The Company also offers Storage, which comprises 20% of revenue; customers may choose from indoor, heated storage, as well as outdoor, fenced storage.

The Company has a well-established reputation, based on the dedication of the high-quality work of its skilled team. This business shows continuous growth, which is likely to continue. The Company’s revenue grew 22% from 2019 to 2020, and 37% from 2020 to 2021.

With cash flow at nearly 40% of revenue, this highly profitable full service Marine Repair Company shows excellent potential for continued growth.

Opportunities for Growth

(1) Implement Marketing Strategy
(2) Offer Boat Sales and Retail Parts
(3) Hire Additional Marine Technicians

Investment Highlights

(1) High Demand
(2) Low Competition
(3) Excellent Reputation

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