Services - Marine Repair, Parts and Services | Retail - Marine Dealers and Equipment

Asking Price	$95,000	Inventory
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1990
FF&E	N/A	Employees	3

* included in the asking price

** not included in the asking price

Boat Tops, Covers & Upholstery Business For Sale For $95,000. Don't be fooled by that low number! This business could easily be doing 3 times the current work load. Established in 1990 & has enjoyed continued growth, an excellent clientele & 25 concentrated areas with boats & marinas all within minutes of the shop. If you have over 5 to 10 yrs of full-time experience doing custom marine canvas & upholstery & have the ability & skills to fit, sew & install quality work FULL TIME Owner would likely accept you with *** NO MONEY DOWN *** because this business is very well established & serious money flows. Nice 3 bedroom home available to own, rent or share depending on your needs. This is a total no-brainer for a current operator in a cold climate looking to move south or expand, or an exceptional employee wanting to go to the next level as an Owner. Fully functioning website with online marine supplies store? ONCE in a lifetime opportunity * DO NOT WAIT...call right now...or you will be wishing you did! Current Owner has been doing marine canvas for 30 yrs. Demands of new Yacht Brokerage division has grown & Owner wants to devote most of his time to its operations. Marine canvas shop is a healthy, successful business & a great opportunity for the right person or company looking to expand or relocate. Turnkey operation with steady, ongoing contracts & reliable income. The length of time established assures year round business & little seasonal fluctuations in income. Shop runs very efficiently with very low overhead ( Do the math: almost endless marine jobs billed at an average of $79 per hour(sometimes a lot more & with overhead less than 25%. This business enjoys being considered one of the finest outfitters on the East coast. Sale includes everything except house & lot--however, the Owner will consider selling all the above & with flexible financing too! (Real Estate valued at approx.$289,000).

Facilities: Located in a 1450 sq.ft facility in beautiful sunny & warm coastal South Carolina adjacent to historic Charleston. One mile from Sullivan's Island beach & two miles from Charleston, adjacent to Route 703. All boats & marinas are within minutes of the shop including the new Patriot Point Marina at the Marriott Hotel on the harbor. Shop is surrounded by many marine businesses that support each other with referrals & advertising.

Competition: Yes there is some competition but Owner states: "ask me if I care!"

Growth/Expansion: This is a turnkey opportunity with room for considerable increase in volume on top of the pre-existing marine clientele. Expansion of the business could easily be achieved into residential & commercial upholstery, awnings, auto, aircraft, sails & other non marine upholstery not to mention the possibility of retail sales of a variety of related items.

Financing: Yes **NO MONEY DOWN** depending on buyers experience

Support/Training: Owner is also willing to continue as the primary contact to produce sales & as a consultant when needed and partnerships are very welcome.

Reason Selling: Expansion needed--too busy for current Owner to manage himself