PRICE: $ 289,000
REVENUE: $ 475,691
CASH FLOW: $ 88,004
ADD LAND OPTION: + $ 275,000
The company provides hard-to-find online marine parts of areas of different styles and sizes and kinds. They have a unique niche in the marketplace—over 20,000 customers in the database. No single customer represents a large percentage of the business.
The schedule is flexible. They have a part-time worker. Usually, the hours are somewhere within the 9 am to 3 pm time frame but can be less than that time to time. No real need to work on the weekends. They typically do not, but scheduling will be up to you if you become the owner. This could be moved almost anywhere.
Currently, the business utilizes about 1400 ft.², and the real estate is available for sale. However, it can be moved to almost anywhere in the US, and purchasing the land is optional.
Although most business acquisition loans are financed over a ten-year time frame, when real estate is included, the total loan for building and business can be financed over up to twenty-five years.
The company was established because the Founder saw an unserved niche in the marketplace. He has done a great job of growing and developing this company.
The business is in a 1400 sq ft warehouse space that was purchased and is owned by the seller.
The location is highly convenient to major interstate access in a solidly growing area with many businesses in and around the area. The warehouse could be sold, someone could lease the property from the seller, or it could be moved to somewhere more convenient for the new owner. This includes a small office; the rest is shelving for the different parts, shipping materials, etc.
They only market online and utilize services for search engine optimization and social media marketing. They sell a significant number of parts and equipment through Amazon. Only about 25% of their products are on Amazon, and yet Amazon sales represent about 45% of the total gross revenues.
The seller strongly believes there’s a lot of opportunity to put more products on Amazon. However, they’ve been successful and unmotivated to make new changes over the last few years. The Owner is ready to retire and has not been heavily seeking new marketing venues. However, the owner keeps the business running very well and has experienced natural growth over the last several years.
Bring your business development skills to take this to a whole new level. Great opportunity. Highly flexible schedule. Unique niche.
” Over the five years to 2027, demand for repair services is forecast to increase slightly. In response to the large increase in boat sales and use in 2020 and 2021, demand for this segment is expected to increase.” IBISWORLD
Retirement. Owner will gladly sign and agree to an acceptable non-compete clause as part of the sale.