Marine Engine Emporium sells, repairs engines. (South Florida)

Featured on BusinessForSale.com . 32 viewed

Asking Price

$2,300,000

FOR SALE - ACTIVE

Detailed Information

Location

South East Florida, Florida, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

Thriving Marine Engine Emporium offers a unique opportunity in the maritime industry, specializing in buying, selling, and rebuilding marine engines, generators, transmissions, and parts. With a diverse inventory catering to various vessel types and global clients, the business boasts a strong online presence and a skilled workforce dedicated to quality and service. Sellers estimate an inventory value of approximately $20 million, with 2022 gross revenue at around $1.3 million. The business operates on high profit margins by refurbishing and reselling marine parts at an estimated 50% of wholesale prices. With an extensive inventory including hard-to-find items, a new owner can maximize profits by enhancing the online inventory system, expanding the online presence, and providing repair and rebuilding services. The facility, located conveniently near South Florida sea and airports, includes a 22,000-square-foot warehouse and secure lot, offering vast growth potential in international sales and shipping. Experienced mechanics are ready to remain post-closing, ensuring a smooth transition for

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