$3,500,000.00
Asking Price
Status: Active
Posting ID: 281252
4/1/24
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: $3,500,000.00
Down: Call/Email
Cash Flow: Call/Email
Revenue: $1,300,000.00
Area: Broward County
City: None Given
Attributes:
My Notes About This Listing
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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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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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Cash flow
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Revenue
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Down
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