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Asking Price
$2,400,000

Annual Cash Flow $394,000

Annual Revenue $1,425,600


EBITDTA:

FF&E: $150,000

Ref ID:

Real Estate: $1,650,000

Established: 1984

Business Description

Gulf Coast marine engine repair business near a large collection of marinas, boat launch sites and the beaches. Real estate included in price. This is a full service diesel and gas engine repair shop that works on marine engines, generators and a most boat systems. Equipped with a fleet of service vans and trucks to do on site work at the various marinas. They are equipped to do the big and small engines from complete overhauls, air condition and cooling service, general maintenance and up to the pulling and replacing the entire power systems. They work on gas and diesel engines from 3HP to 1,200HP. The mobile, on site work in very high demand and this business is highly regarded by the long list of satisfied customers. This business is a dealer and authorized warranty shop for several major brand name engines and generators. A large parts department that supplies other area shops with specialized parts.

Service area covers the Mississippi Gulf Coast, Mobile, Gulf Shores, Orange Beach and to Pensacola, Florida.

This business has an excellent reputation and is known for competent service for home, marine and RV customers. Attractive exterior and a fully equipped shop and office on large lot. 3 factory certified mechanics that would like to stay and complete training will be provided by seller. Large equipment list and big inventory of parts included.

Detailed Information

State:AL

Listing Agent:Lanier Chew

Inventory: Included in asking price

Real Estate: 2.4 acres and 6,000 SF shop & office. Fenced in yard for monthly boat storage

Building SF: 6000

Employees:

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Gulf Coast

Phone:251-802-0516

Facilities: 2.41 acres

Support & Training: All needed.

Reason for Selling: Semi-Retirement