DIVERS AND YACHTIES!! Love the marina lifestyle? Here is a rare find!

San Diego County, CA

Your workplace
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Asking Price: $155,000

Cash Flow: $100,000

Gross Revenue: $180,000

EBITDA: $100,000

FF&E: $1,140

Inventory: N/A

Established: N/A

DIVERS AND YACHTIES!! Love the marina lifestyle? Here is a rare find!

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Business Description

A 19 year old solidly established hull cleaning business is for sale boasting not only the finest quality and consistent, dependable service in the Marina, but income that has increased every single year for the last 7 years! This is a testament to its reputation and good service. Your working hours are flexible, and the current owner has a scuba certification enabling him to do some of the cleaning in the water. Scuba training is not difficult if you are not certified, and this isnt true 'diving' in that most work is done at shallow depths, usually 10-12 feet. The company is averaging about 200 cleanings/month using a combination of 1-3 subcontract divers plus some time by the owner, which varies depending on the number of divers. There are 2 approaches to operating this business: 1) you have a scuba certification, or you would like to get certified and can simply replace the owner. 2) you do not have or want a certification and will rely on divers to do all of the cleaning. In this case you will want to check their work to maintain the high quality of the service, and you can do that with a snorkel and mask.

The business is priced below market, and after a very profitable stay, the seller is motivated to sell due to starting another business that is pulling him away. All assets including any cleaning supplies or replacement parts on hand are included, and training and transition will be excellent.

SBA financing may be available.

Detailed Information

San Diego County, CA
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Home based (Home Based)
Reason for Selling:
Has another business
This business is Home-Based
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(from currently available funds)
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Bill Bruno

Business Listed By:
Bill Bruno

William Bruno Business Brokerage

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