Marine Equipment Sales & Service Business

This opportunity provides an energetic new owner with significant growth potential. The Business has excellent product lines and a great service reputation with customers. The Business sells new equipment and provides repair and maintenance services. Floor plan financing is in place for major equipment items.

The Business has an up to-date facility and an equipment array that is anticipated to support forecasted growth. An owner operator Buyer should have experience in the marine industry. Investor Buyers should assess the opportunity with a view to replacing the current owner’s day to day activities. A training and transition period will be provided by the Seller.

Asking Price:  $239,000 for 100% of the shares of the Business.

• Inclusive of transferred working capital of $155,000, including inventory; and is inclusive of furniture, fixtures, equipment and all intangible assets. Any difference in transferred working capital will be adjusted on a dollar for dollar (upward or lower) basis post-closing.

Highlights of the Business

• Seller’s motivation for the sale is retirement.

• Located in Metro Vancouver and has been operating for more than 10 years.

• Customer base is primarily British Columbia.

• Effective systems are in place for on-line sales, reporting, pricing and customer interface.

• The current premises rental arrangement is in place until May, 2025 and the landlord is open to a further renewal.