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Boat Shop for sale

Northeast
Listing ID 205
Asking Price $100,000
Cash Flow N/A
Revenue $5,000

Summary

Family Owned Boat Shop For Sale. Bangor, Pennsylvania. 30 Years In Business. Great Local Loyal Customers And Many New Every Year. Very Busy, But Could Be Alot Busier With The Addition Of A New Boat Line And New Motor Line, And Used Boat Sales. Current Owner And Mechanic Would Stay On. Sale Includes All Parts And Accessories Inventory. Turn Key! Gross Sales Average $100k Per Year, Potential For Much More. Only 2 Employees Currently Operate The Business, Including The Owner. Great Shop, Great Location Near The Pocono Mountains, No Competition Near By. $100k Lease On Building And Huge Area For Parking Boats Is $2000/ Month.
Thanks!

Financial Information

2024 YTD revenue

N/A

2023 Revenue

$5,000

2023 Cash flow

N/A

2022 Revenue

$101,000

2022 Cash flow

N/A

Value Metrics

Asking Price / Revenue (2023)

20.00

Asking Price / Cash Flow (2023)

N/A

Cash Flow / Revenue (2023)

N/A

Facility Information

Is the facility owned or leased?

Owned

Is the facility available to the new owner?

Yes

Additional Information

Reason For Sale

New business opportunity

Location

Northeast

The Seller financing is available?

No

Inventory included

Yes

How much?

N/A

Employee Information

Full-time employees

2

Part-time employees

There are ample employees. With the exception of the Seller, it is not anticipated that there will be any employee turnover as a result of a sale:

No

Equipment Information

Details

Most equipment will stay in the building as part of the lease. Compressor, lathe, press, special tools, a lot of miscellaneous parts.

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