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Custom Boat Builder For Sale
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $939500
Net Profit / Cash Flow $148000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1991
Number of Employees 6 - 9
Inventory 70000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training The current owners of the business are also prepared to remain involved in the business for a substantial period of time after sale to pass on their technical know-how to the buyer to ensure an orderly and smooth transition to new management.
Reason for Sale Owners are preparing for retirement.
Description No two boats are the same for this custom boat building business. If you have the technical aptitude and believe variety truly is the spice of life, this may be the business you've been looking for. Average 5-year revenue is $1.4 million, and based on the first 10 months of its 2011 fiscal year, this business has a projected Seller's Discretionary Earnings of $148,000. Positioning itself as a small to mid-sized craft builder, the company has filled a market niche where the larger boat manufacturers have more difficulty competing. All elements for success are in place including the skilled staff, the tools, the know-how and the reputation for excellence. Almost all boats produced by this builder are headed for government or research organization buyers. After over 20 years in business and with a bright future ahead, the current owners are looking to smoothly turn over control to a buyer who shares their passion for building anything but a cookie cutter boat. Located on fabulous Vancouver Island on the West Coast of Canada, the purchaser of this business will have access to the very best of professional and personal life style options. For more information on this business opportunity, contact Michael Naprawa at 250-751-7917 or toll-free 1-877-289-0969.
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