Back to businesses for sale
Agriculture, Forestry & Fishing

Marine Service Turnkey Opportunity With Real Estate

Galveston County, TX, USA
Listed 281 days ago
Established 2009

Take advantage of this turnkey opportunity. Build on the solid reputation of a well-established location. This reputable marine services company has been a cornerstone in the industry since its establishment in 2009 by a dynamic Father and Son duo. Specializing in general maintenance and repairs, engine re-powers, and parts, they are dedicated to providing top-notch services to valued clients. The business expertise extends to the sale and installation of outboard engines, representing a major brand. Additionally, the business stocks and sells a wide range of marine products, including trolling motors, jack plates, marine electronics, batteries, filters, and oil. As authorized warranty service providers for the brand they represent, their commitment to quality is unwavering. The team, largely self-sufficient, is equipped to handle custom projects and serves numerous guides and commercial boat owners. An in-house test tank allows the business to run and test engines on-site, eliminating the need to take boats off-site for testing. Conveniently located on the Gulf Coast, the property, spanning 54,677 sq ft or 1.2552 acres, is an excellent investment opportunity. With various buildings catering to boat repair, storage, and offices, there's additional income potential. Currently, a two-bedroom, one-bath apartment is rented for $650, and there's space for renovation to create a storefront or office space for additional revenue streams. The real estate is appraised at $480,000. Unfortunately, with the passing of the Father, the Son, who manages another business, has decided to offer this established enterprise for sale. This presents an excellent opportunity for an astute entrepreneur or marine technician to acquire a turnkey business, redirect its focus, and grow the business for renewed profitability. Don't miss the chance to be part of a respected marine services business with a legacy of quality service.

Employees

2

Real Estate

Lease

Inventory / Stock Value

$14,000 - included in the asking price

Reason for Selling

Family/ Other Business

Financials

Asking Price
$399K
RevenueMost Recent Year
$240K
Earnings (SDE)Last Reported
$23K
Assets ValueIncluded in Asking Price
$24K
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Nursery shrubs, trees, flowers & vegetables products producer and provider

Nursery shrubs, trees, flowers & vegetables products producer and provider

New Brunswick, CAN
Updated 10 hours ago
Verified about 11 hours ago
Asking Price
$725K
Earnings
Undisclosed
Manufacturing – Marine Products for Sale

Manufacturing – Marine Products for Sale

Florida, USA
Updated 10 hours ago
Verified about 11 hours ago
Asking Price
$4.0M
Earnings
$823K SDE
Garden Installation & Consulting Business

Garden Installation & Consulting Business

Mecklenburg County, NC, USA
Updated 1 day ago
Verified 1 day ago
Asking Price
$150K
Earnings
$72K SDE