Marine Canvas Manufacturer for Yachts

Broward County, FL

Seller Financing Available
Marine Canvas Manufacturer for Yachts

Asking Price:$299,000

Cash Flow:$240,000

Gross Revenue:$1,278,000

EBITDA:N/A

FF&E:$100,000

Inventory:$40,000

Lease Rate/Sq. Ft.:$0.62/mo

Established:1957

Marine Canvas Manufacturer for Yachts

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Business Description

South Florida's oldest & finest Marine Canvas Manufacturer. Tops, enclosures, upholstery, interiors, etc. Customers include boat builders, top captains, wealthy yacht owners. Experienced staff of 12 FT producing in impressive 8,000 SF facility. Seeking buyer with love of the marine industry & enjoys working on only the most impressive private vessels. No prior experience required. Seller & Staff will transition & train. Seller does no production. Contact agent for details. Highly confidential. Please refer to listing number 0101-65128 and advisor Tom Jones when inquiring.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
12/31/2017
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Extension is negotiable.
Financing:
Seller will finance $150,000 at 6% for 60 months.
Support & Training:
Seller will train for 4 weeks at no cost.
Reason for Selling:
Divest

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Thomas I. Jones, Sr. Vice President/Shareholder

Business Listed By:
Thomas I. Jones, Sr. Vice President/Shareholder

Transworld Business Brokers, LLC.

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Sponsoring Broker:
Andrew Cagnetta

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