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Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!

Monmouth County, New Jersey

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https://www.bizben.com/business-for-sale/branded-marine-service-w-1550-members-300k-in-boats-eq-included--tw:79241

Monmouth County, New Jersey

Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!

Name: Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!
Address: New Jersey, US

Asking Price

$725,000

Revenue

Call/Email

Down

$75,000

Cash Flow

Call/Email

Name: Elliot Dweck

Name

Elliot Dweck

Description

#1 marine services brand in the country. This owner has exclusive rights to operate the Franchise in North Jersey. This location has 1,550 members paying $249/year. The location has been in business for 36 years and is very well known in the area. Current owner purchased the business 17 years ago. There are 6 licensed captains who have been working there for many years. Significant income and referrals come from insurance companies. Current owner works as one of the captains, but business can be run absentee by giving more hours to the other captains. This is a seasonal business which would allow the new owner to have other business interests in the winter months. This Brand only has 5 locations in NJ and there hasn’t been one available in 8 years! The brand isn’t selling new territories in NJ so this is a very rare opportunity to purchase a membership based marine services business and be able to live a relaxed lifestyle on the water “working” only 6 months a year! Sale includes 4 well-maintained boats and other equipment worth 300k. Membership pricing has increased by 25% this year, which will result in over $250,000 in cash flow for 2024.

https://tworld.com/locations/New-Jersey/tricounty/listings/Branded-Marine-Service-w-1550-Members-300k-in-Boats-Eq-Included-

To get more information about this Branded Marine Service w 1550 Members! 300k in Boats/Eq Included! business for sale in Monmouth County County, New Jersey please contact Elliot Dweck at edweck@tworld.com

Business Details

Year Established:

2003

Employees:

FE&E:

$300,000

Reason for sale:

Retirement

Lease & Tenant Information

Lease Options:

$2,500

Other Information

Listing Number:

189597-381957

Sales:

$482,000

Seller's Discretionary Earnings:

$265,000

Posting Information

Posting ID:

ID tw:79241 / Listing Number 189597-381957

Business Category:

Marine Related

Keywords:

Transworld

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Posting Title

Branded Marine Service w 1550 Members! 300k in Boats/Eq Included!

Posting ID

#*4f25b71bf80b1ae3c9631c81a097d24c*79241

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Agent, Broker or Seller Contact

Name:

Phone Number:

Contact Email:

edweck@tworld.com

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“Hi, I’m interested in this business. Is it still available?”

“Could you share more details about the business?”

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