Outstanding Yacht Paint & Repair Service

Annapolis, MD (Anne Arundel County)

Seller Financing Available
Outstanding  Yacht Paint & Repair Service
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Asking Price: $439,000

Cash Flow: $288,408

Gross Revenue: $703,709


FF&E: $300,000

Inventory: N/A

Rent: $2,239 /Month

Established: 2001

Outstanding Yacht Paint & Repair Service

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Business Description

This outstanding service business specializes in gelcoat and
fiberglass repairs to boat and yacht hulls, cabins, etc.

Well-known in the area, business is generated primarily through repeat engagements with existing clients, as well as client and professional referrals. Advertising and marketing is done through word-of-mouth and referral, as well as a top-notch website featuring the variety of repairs offered by this business. In addition to the usual fiberglass type repairs and painting, the business also works with new material technologies such as carbon fiber and Kevlar.

The Company enjoys excellent client retention and has developed a proprietary system of gelcoat matching, guaranteeing virtually invisible repairs. From small boat to high end yacht, the Company’s customers satisfaction with the flawless repairs and paint jobs is very high!

Detailed Information

Annapolis, MD
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This business is located in a two-story industrial building, 4,500 ft.² with mixed office/warehouse space 1,600 foot office and shop, in addition to a 1300 foot Quonset hut and ample yard space with water access.
The business is located in a prime area for marine service work, and enjoys an enviable reputation for top-quality work for boat repairs from small, personal watercraft to large luxury yachts.
Growth & Expansion:
The business is easily expandable both to new customer base is and With additional service offerings.
financing available on a limited basis for qualified buyers
Support & Training:
The owner will support a smooth transition to new ownership with assistance, training, etc. Further, certain key employees desire to stay on with the business and kind supply substantial Support as well.
Reason for Selling:
Owner seeks to retire and pursue other business interests.
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(from currently available funds)
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Lawrie Hollingsworth

Business Listed By:
Lawrie Hollingsworth

Hollingsworth Business Consultants, LLC

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