Marine Repair Facility With Real Estate Gulf Coast
Located in Galveston County, Texas, this marine repair facility includes 1.25 acres of land with multiple buildings, yard space for boat storage, and an on site apartment that provides additional income. The property supports a range of marine service operations and offers room for expansion under an engaged owner. The business provides general maintenance, engine re powers, and custom repair work and is an authorized dealer and warranty service provider for a major outboard engine brand. An on site test tank allows for engine diagnostics and testing without leaving the property, creating operational efficiency and convenience. Operations are currently supported by a small team, and the owner has been semi absentee while focusing on another business. The company has historically generated higher revenue and has primarily relied on word of mouth with minimal marketing, leaving clear opportunity to increase visibility and workload. Unfortunately, with the passing of the Father, the Son, who manages another business, has decided to offer this business for sale. This opportunity is best suited for a marine technician, service operator, or industry buyer looking for a facility with existing infrastructure and the ability to grow revenue through increased engagement and marketing. The real estate was appraised at $480,000.
Employees
2
Real Estate
Lease
Premises Details
This business has been operating under the same ownership since establishment in 2009. They have been at the current location for all of those years. This business is well established in the community with a stellar reputation. The Father was running this business and unfortunately passed away forcing the Son, who runs another business to put the business up for sale. The Property is a 54,677 sq ft of land or 1.2552 acres. The property has multiple buildings and a large lot for boat storage. There is a two bedroom one bath apartment that is currently rented as well as space in one of the buildings that can be renovated and rented out as a store front or office space. Excellent opportunity to acquire a turnkey business that needs focus to get it back on track to profitability.
Expansion Potential
Marketing efforts could be enhanced with the increased use of social media, paid search, organic search, and SEO. Additional opportunity to create a stronger website and online presence to elevate this concept to the next level. They have been primarily doing business via word of mouth with no marketing. There is much potential growth for an owner motivated to actively operate the business and seek additional work. Current Owner is semi-absentee with self-sufficient team working mostly on their own.
Inventory / Stock Value
$14,000 - included in the asking price
Reason for Selling
Family/ Other Business
Financials
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