Established Marine Repair Services & Supply Business For Sale - B...

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30050276
Property Subtypes: Auto Related, Business Services
Building Size (RSF): 9,000 SF
Sale Price: $850,000
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 2/16/2018

Overview / Comments

Established marine repair services and supply business for sale in Florida Panhandle

Business includes boat & engine repair, engine sales, and parts sales

Sale includes business and real estate

Goodwill of business is valued at $260K (approximately 3x multiple of trailing 4-year average net income)

Real estate valued at $525K

Marketable Inventory is estimated at $275K

Asking price reflects approximately a 25% discount of total enterprise value

Owner is retiring, but will stay with the company for up to a year to assist new owner

Contact listing broker for confidentiality agreement

Additional Details

Industry Segment: Other Auto Related
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $525,000

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282


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