Trusted Marine Services Business with Loyal Customer Base
This 30-year-old business has an outstanding reputation and exceptionally loyal customer base. Specializes in the design, installation, integration, and repair of complete marine systems and custom yacht carpentry. Long term partnerships with key suppliers, opportunities to grow those relationships. Recurring revenue from supplier website referrals (service and sales). Excellent Maryland location near the center of the boating industry. Situated in a busy marina with easy access for customers. Benefits to Buyer: Consistent revenue between $1.2M and $1.4M. Relationships with 40 manufacturers. 30 year history in the Annapolis area marine community. Reliable, experienced team of employees. Five slips that come with the business. Shop that is immediately adjacent to the boat slips for easy access/repair to customers’ boats. Established business processes. Seller understands the need for a smooth transition and will work with buyer. Buyer Profile: An individual with a background in marine repair or a boater who’d like to make their passion into their vocation. A marine repair business outside the immediate Annapolis area which would like to expand. A large marine repair business in the Annapolis area which would like to expand.
Slips Included
Five
Age Of Business
30 years
Revenue Consistency
Between $1.2M and $1.4M
Manufacturers Relationships
40
Financials
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