, Alabama 4 views 0 favorites
This is a turnkey, family owned, family operated one stop business for sales, service, maintenance, and parts for all type boats and motors. This business has operated in the Orange Beach Alabama area for over fifteen years and has a sterling reputation for quick repair service for all types of boats and motors. There mission is to repair or service your boat as quick as possible and get you back on the water within a maximum two week time frame. This company has a dependable, honest reputation and stand behind their work. They will travel to homes or to marinas to complete the job with three service trucks for that purpose. This Company has a loyal customer base and their service is in high demand. This business is ready for a new buyer to take over a successful thriving business. The growth opportunity of this business is off the charts with the addition of new and used boat sales. Location: Orange Beach, Alabama Year Established: 2005 Number of Employees: 3 Home Based: Yes Real Estate: Leased Building Sq. Ft.: 2,500 Rent: $4,500.00 Per Month Lease Expiration: 1/1/2027 Facilities: The current facilities includes a covered repair shop that will accommodate two large boats to be serviced at the same time. There is also an outside repair area that will handle and additional large boat to be serviced. The main office includes an executive office along with a receptionist /sales area and a parts department. The main lot is approximately 1.5 acres and the building has street frontage on one of the most travelled roads in Orange Beach. The lease is for five years with an option to renew for another five years at the total fair market rental value. The lease would be negotiated with the owner of the property. Market Outlook/ Competition: The market has many marine repair service centers but the market can handle a large number since the area continues to grow at a rapid rate. The Seller has a pristine reputation for sales and service to his customers. The business prides itself on it's mission to repair or service your boat as quick as possible and have a policy to get your boat back in the water in a two week maximum timeframe. When your boat has been at a marine service center for weeks then customers are not happy. . Growth & Expansion: There is plenty of room for growth with the continue growth of the entire Alabama Gulf Coast as well as the opportunity to add sales of new and used boats. There is also room for increasing storage capabilities and with the addition of a couple of techs, the business can grow even faster. They stay extremely busy and have the capability to double their business with an aggressive marketing effort. The business currently works off referrals and does very little advertising.
Listed: Apr 19, 2022
Updated: 2 weeks ago
Views: 4
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