Custom Marine Canvas & Upholstery Shop For Sale
Location:
United States
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South Carolina
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Charleston
Industry: Business Services > Other Services
Business Summary
Custom Marine Canvas & Upholstery Shop For Sale For $95,000. Don't be fooled by low number! Shop could easily do 3 times the current work load. Established 1990 & has enjoyed continued growth, excellent clientele & 25 concentrated areas with boats & marinas all within minutes of shop. If you have over 5 to 10 yrs of full-time experience doing custom marine canvas & upholstery & have the ability & skills to fit, sew & install quality work FULL TIME Owner would likely accept you with * NO MONEY DOWN * because shop is very well established & serious money flows. 3 bedroom home available to own, rent or share as needed. Total no-brainer for current operator in cold climate looking to move south or expand, or exceptional employee wanting to go to next level as Owner. Fully functioning website with online marine supplies store. Current Owner has been doing marine canvas for 30 yrs. Demands of new Yacht Brokerage division has grown & Owner wants to devote most of his time to its operations. Marine canvas shop is a healthy, successful business & a great opportunity for the right person or company looking to expand or relocate. Turnkey operation with steady, ongoing contracts & reliable income. The length of time established assures year round business & little seasonal fluctuations in income. Shop runs very efficiently with very low overhead ( Do the math: almost endless marine jobs billed at an average of $79 per hour(sometimes a lot more & with overhead less than 25%. This business enjoys being considered one of the finest outfitters on the East coast. Sale includes everything except house & lot--however, the Owner will consider selling all the above & with flexible financing too! (Real Estate valued at approx.$289,000). Short term training & partnerships being considered with a down payment. Email or call JIm Baker at 321-452-3462. Owner states that together we can make this happen easily & you can start ringing the cash register tomorrow!
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: EBITDA
Inventory: $15,000
Seller Financing: Yes
About The Business
Year Established: 1990
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owner is also willing to continue as the primary contact to produce sales & as a consultant when needed and partnerships are very welcome. Reason For Selling: Two reasons- Expansion is certainly warranted (too many orders coming in!) & due to the demands of the new Yacht Brokerage division owner must devo...
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Print Listing Id: 70077214
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