$3,200,000.00
Asking Price
Status: Active
Posting ID: 281252
11/25/24
Description
Sellers estimate approx. 20 million dollars in parts, engines, transmissions, and generators. This business finds & purchases used engines, generators, transmissions, parts, etc... for yachts, commercial charters, tugboats, and watersports operators. Business is being sold based on a discounted value of the inventory even though it is ongoing, fully operational, and profitable. 2022 gross revenue ~1.3M. This is a lucrative setup where you can fix, refurbish, and resell for an estimated 50% of wholesale prices while operating on very large profit margins.
The current sales are generated via the company website, eBay, walk-in customers, repeat business, and referrals. If it's a marine-related part this company probably has it. If you need a part for your boat or need to replace an engine or transmission this is the place to go. Extensive inventory of hard-to-find and unavailable items. A new owner can capitalize on this unique opportunity by improving the real-time inventory system that has been created by the current owners, increasing online presence, and forming a salesforce, and consulting team. Additional revenue is generated by repairing and rebuilding engines, transmissions, and generators. Team of well-qualified mechanics in place that are willing to stay on post-closing.
Located near the South Florida Sea and airports which is convenient for international sales and shipping. Many clients throughout the Caribbean and Latin America. Sellers will assist in a transition period. Only a fraction of the in-stock inventory is currently online. The facility is a 22,000 sq ft warehouse packed from floor to ceiling and includes a designated repair station. Plus, a large, secure lot that is 1/4 acre in size. Works with salvage yards, scrap yards, boat yards, insurance companies, sunken boat recovery, etc... Sellers are literally sitting on millions of dollars. The business is asking for a new owner/group to take over and start mining out the money. Proof of funds is required prior to receiving information. The seller estimates inventory value is $20,000,000. The value of FFE included 299k. 12 Employees W2 on staff. Can possibly use it for an EB5 Visa.
To get more information about this Marine And Boat Part Dealer - High Sales business for sale in Broward County please phone Brian Zoberg (Broker - BRE License #:BK3289133) at 305-301-2443 and 305-301-2443 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #281252 on BizBen.com. In addition to phoning Brian Zoberg, make sure you email Brian Zoberg above to get more info about this Marine And Boat Part Dealer - High Sales, to ask any questions or request an appointment to see this business for sale. Thank you.
Contact
Details
Asking Price: $3,200,000.00
Down: Call/Email
Cash Flow: $470,752.00
Revenue: $1,942,494.00
Area: Broward County
City: None Given
Attributes:
My Notes About This Listing
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Down
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Down
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Down
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Down
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Down
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Down
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Down
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Cash flow
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Revenue
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Down
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Down
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Down
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Many factors determine whether inventory is included in the asking price. Among them are: the standard for that particular industry or type of business, the quality and age of the inventory, whether the inventory levels are cyclical, whether the inventory is the normal amount, etc. BizBen Discussion