Custom Boat Builder Business For Sale

Listing ID: 700141931

Listing Title: Custom Boat Builder Business For Sale

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Industry: Manufacturing

Industry Segment: Airplane and Boating Manufacturing

Country: United States

State / Province: Virginia


City: Norfolk

Asking Price Range: $250K - $500K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2004

Number of Employees: 1 - 3

Business Description:
Financial information asking: $372,000 furniture, fixtures & equipment: $50,000 inventory: $595,000 (included in price) yes that's right! Financing: 50% down payment balance payable 5% over 5 years. 3 month deferred first payment Summary description Regional manufacturer of custom boats. Three models currently offered from 19' runabout to a 32' cabin cruiser. The sleek and attractive lines of these boats are a result of a long and arduous research and development process. The boats built by this company are the very best designs from aesthetic and mechanical views. This business is being offered with 3 boats in the completion stages, requiring very little time or money to complete. The first is a 26' runabout with a 375hp brand new volvo-penta gas engine, needs upholstery choice of new owner to complete. The second is a 20' runabout with a brand new 190 hp volvo-penta diesel engine. And the last is a 32' cabin cruiser. The value of these boats is approx. $595,000 on today's market. Once you add ff&e of $50,000 that is included in the business you can see that just one sale of these included brand new boats will pay for the entire business. This truly is a once in a lifetime opportunity to double your money within a few short months. The boat show season is just around the corner with ft. Lauderdale and Miami next up, followed by the Annapolis in water show. Owner will help with show schedules and provide 2 weeks training in operating this business. Present staff will stay on. E-mail us for pictures of boats and manufacturing plant. General information Facilities: 3,600 sq ft warehouse. Two story office suite with loft overlooking production floor. Large overhead doors to move boats in and out. Support/training: 2 week transition period. Reason selling: divorce, moving out of area Year established: 2004 Employees: 2 Email or call Ray at 757-287-4140 for more information on this custom boat building business for sale.

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