major upside potential marine engines, parts. world wide sales.

  • Found: Mon Sep 20 14:56:50 2021
  • Updated: Mon Sep 20 14:56:50 2021 (GMT)
  • Source: Bizquest
Price

8,000,000$

Type: On sale
Sale method: Classified
Sale status: Open

Contact seller
Financials (verified)

Revenue per month: 375,000$
Profit per month: —

Traffic

Uniques per month: —
Views per month: —

Summary

Year founded: 2013

Description

rare opportunity with major upside potential. this business sells used, hard to find marine (yacht) engines, transmissions, generators and parts. world wide sales. convenient south florida location. large inventory. available at competitive prices. seller's estimate around 50 million dollars in inventory. approx. 14-16 million is listed online. opportunity to list the remaining items online and develop a comprehensive catalog of all products available. impressive warehouse (42,800 sf) packed floor to ceiling with saleable and in demand inventory.

asking price includes the ongoing business plus the inventory. sellers will stay on if requested during a transition period. south florida is the boating capital. located close to seaport and airport to allow for convenient shipping.

this inventory has been acquired over time by purchasing from local ship yards, salvage yards, auctions, relationships with dealers, insurance companies and by way of many contacts that have been formed throughout the years in business.

the extensive inventory includes mostly used engines, parts etc... that have been discontinued or are available new direct from manufacturers at much higher prices.

many clients not only have their own personal yachts but operate their own watersports, and ship related businesses. when they need a part, or their transmission or engine goes out, it needs to be fixed asap so they can continue running their operations.

there are 8 full time w2 employees currently working in the business. prior to covid there were more. can expand and hire

additional employees. (create more jobs). possible to use for visa!!!

this business is also available to purchase with listing number 1253-13081. (which is a similar business on a smaller scale) acquire both and dominate the industry.

bio,nda and proof of funds required prior to disclosure of additional information. seller's financials available to qualified buyers.