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Seller estimates approx. 12 Million dollars in parts and engines. This business finds & purchases used engines, generators, transmissions, parts etc... for Yachts and boats. This is a very lucrative set up where you can fix, refurbish and resell for 50% of wholesale prices. Current sales are via online websites & walk in customers. Truly a global world wide business. If its a marine relate part this company probably has it. If you need a part for your boat or need to replace an engine transmission this is the place to go. A new owner can capitalize by organizing & cataloguing the current inventory. Increasing online presence, forming a sales and consulting team and taking to the next level. Sellers will assist in a transition period.
An example is removing a sunken yacht and rebuilding the engine, transmission. Taking all parts from the boat and reselling them. They acquire for 10 cents on the dollar and sell for 50% of wholesale value. Extensive inventory. Almost 20,000 sq. ft. of inventory packed from floor to ceiling. Plus secured yard. Total over 1 acre. Continue at this location or move to a larger space.
Ft. Lauderdale - South Florida. Marine Boating Capital. Convenient to ports and airports which allows for easy and convenient worldwide shipping.
Almost 20,000 sq ft warehouse packed floor to ceiling with inventory. Must see to believe that this actually exists. Plus office space. and secured yard. More than 1 acre total.
With a system in place, marketing and organizing this business can easily climb up many levels. This is a literal cash machine waiting for a new owner to take over.
One of the largest of their kind. Worldwide recognition. Clients come from all over. If you need a marine part, or need to replace an engine, transmission ... This business has it.
Sellers will assist in a transition period. They are willing to stay on in a consultant capacity post sale to teach the business and help grow. They will help take to the next level.
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