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M&S Marine Boat Service and Repair at Roosevelt Lake

Roosevelt, AZ (Gila County)

Seller Financing Available
M&S Marine Boat Service and Repair at Roosevelt Lake
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Asking Price: $400,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $100,000

Real Estate: $350,000

Established: 1988

M&S Marine Boat Service and Repair at Roosevelt Lake

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Business Description

M&S Marine is a 25+ year established marine repair shop in Roosevelt, AZ with over 300+ feet of Highway 188 frontage. The owner built a service bay and bait and tackle shop on 1.23 acres of land with plenty or room for boat storage and boats waiting for repair. Check them out at http://ms-marine-service.com/Welcome

The current owner only works on boats that are brought to him from the lake. Huge upside potential for income can be made by servicing boats in the marina and on the water. There are 3 semi-retired mechanics that work on boats and motors when it is convenient. Adding a full-time mechanic and increasing the work-load will help increase the profits.

The Seller is ready to retire and has priced this as a package deal for $400,000 total including business and real estate. He is also willing to carry a Note with 25% down payment.

Detailed Information

Location:
Roosevelt, AZ
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
1,650
Employees:
3
Facilities:
Approximately 1,600sf building is large enough to have room for a bait and tackle shop and a single service bay with room for parts storage. A large 1.23 acre yard allows for extra boat storage and plenty of room to move around. All this is located right on the main highway 188 with over 300+ feet of frontage.
Competition:
There are a couple of mechanics around Roosevelt Lake with plenty of boat work to go around. A new owner will bring fresh enthusiasm to the business and go out to get more work.
Financing:
Seller will carry with 25% down payment
Support & Training:
The Seller will introduce the new owner to the various vendors and suppliers used to keep the business running.
Reason for Selling:
Owner is ready to retire
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Business Location


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(from currently available funds)
 
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Michael Gaida

Business Listed By:
Michael Gaida

NAI Horizon

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