Marine Repair Facility With Real Estate Gulf Coast

Listing Number: 76931-751443

Listing Details

Marine Repair Facility With Real Estate Gulf Coast
Price: $399,000
Location: Galveston County, Texas
  • Down Payment: $399,000
  • Sales: $239,539
  • Seller's Discretionary Earnings: $23,171
  • Inventory: $14,000
  • Furniture, Fixtures, and Equipment: $23,600
  • Employees: 2
  • Year Established: 2009
  • Reason for Selling: Family/ Other Business

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Business Listed By
Wayne Blease, CBI, CM&AP
CBI
President's Club
CMAP

Business Description

Located in Galveston County, Texas, this marine repair facility includes 1.25 acres of land with multiple buildings, yard space for boat storage, and an on site apartment that provides additional income. The property supports a range of marine service operations and offers room for expansion under an engaged owner.
The business provides general maintenance, engine re powers, and custom repair work and is an authorized dealer and warranty service provider for a major outboard engine brand. An on site test tank allows for engine diagnostics and testing without leaving the property, creating operational efficiency and convenience.
Operations are currently supported by a small team, and the owner has been semi absentee while focusing on another business. The company has historically generated higher revenue and has primarily relied on word of mouth with minimal marketing, leaving clear opportunity to increase visibility and workload. 
Unfortunately, with the passing of the Father, the Son, who manages another business, has decided to offer this business for sale. This opportunity is best suited for a marine technician, service operator,  or industry buyer looking for a facility with existing infrastructure and the ability to grow revenue through increased engagement and marketing.
The real estate was appraised at $480,000