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Growing Marine Boat Repair Shop Metro Vancouver For Sale

Metro Vancouver, British Columbia, Canada
Asking Price:
$235,750 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$177,062 (CAD)
Cash Flow:
$83,851 (CAD)

This Marine Boat Repair Shop has been operating for 30 years and has cultivated a loyal client base that has contributed to repeat business over the years. It has a diversified revenue stream from mechanical repairs, the sale of parts, servicing of trailers, electrical work and boat rigging.

The business enjoys a firm foothold in the market operating with limited competition and abundance of marine work tobe done as a result of being one of two marine boat repair shops the surrounding municipalities.

The business has lean operations, operating throughout its history with mostly only the two owners who enjoy flexible working hours. The two owners are afforded long winter holidays each year, lasting from December to January.

Property Information

Real Estate:

Lease

Leasehold Rent:

$17,578 (CAD) per annum

Location:

Metro Vancouver, BC Area

Business Operation

Expansion Potential:

Excellent revenue growth potential by adding 2-3 more certified nd 20-years agomarine technicians

Competition / Market:

Limited. Only one other marine repair shop in the area

Reasons for selling:

Retirement

Trading hours:

Monday - Friday: 8:30 - 5:30 PM
Saturday: 8:30 AM - 1:00 PM
Sunday: Closed

Employees:
2
Years established:
Around 30-years ago

Other Information

Support & training:

Training plan will be developed based on need of buyer

Furniture / Fixtures value:
$50,000 (CAD) - included in the asking price
Inventory / Stock value:
$5,000 (CAD) - included in the asking price
Related Documents:
Relocatable:
This business can be relocated.

Contact RE/MAX Commercial Advantage

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