Marine Services Businesses for sale in Hampshire

View the "South coast outboard inboard engine services and dealership" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £40,000 Annual Turnover: £75,000
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Business Description
Priced for a quick sale - the company is being offered only until end the of May 2018.

This is a rare opportunity to acquire a main brand dealership in the busiest part of the country. The company is an authorised dealer and service centre for Mariner, Mercury and Mercruiser engines and regularly works on other major brands. It has been trading for more than 30 years, with a good reputation in the local area. It sells new and used engines via its website and also has dealerships for dinghies, RIBs and inflatable boats. It runs from a central south coast location in Hampshire.

It attracts engine refurbishment work nationally as well as in the Solent area. There are also opportunities to expand into regular non-marine engine refurbishment contracts and boat brokerage via its website. The company could be used to expand an existing company or allow a marine mechanic to operate his own main brand dealership.

The company operates from a good unit of approx. 2,000 sq ft, on a well-priced lease with 18 months remaining. Rates are free for small companies. It can be relocated and there is no obligation to take the existing unit.

There are 2 members of staff, 1 part time semi-retired with more than 30 years experience, the other full time 22 years old, newly trained. There is a brand new mobile-friendly website with good back-links, currently running at more than 20,000 hits and more than 600 unique visitors per month.

The sale includes a large stock of spare parts with a resale value around £18k, a selection of tools and handling equipment. There is also an option to buy all or part of its stock of used boats and engines (not included in the asking price). This is an asset sale not a share sale, so there are no past liabilities and part of the price could be tax deductible for the purchaser.

The turnover is typically circa £75k with gross profit of £45k.

The current owner plans to concentrate on other projects from June, so the company will not be available for sale after June 2018. This is strictly a short window of opportunity to acquire an authorised main dealer and interested parties are encouraged to express an interest without delay. Further information is available directly from the owner. The company is priced for a quick sale at £40k.
Trading Hours:
Monday to Friday 9 to 5

Number of Employees: 1-5

Tenure: Leasehold

Support & Training:
The current owner will provide training in the business admin. Ideally the purchaser will be familiar with marine engines and their repair. Main brand engine training is available free of charge through the company's supplier.

Location Details: Central south coast location in Hampshire.

Is this business relocatable: Yes

Find out more about this business opportunity.

 
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PAX01045717382
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