Boat Builder Repairer For Sale Caloundra

Business For Sale Caloundra, Queensland 4551

Business Category Building and Construction Engineering Manufacturer

$795,000

Description

Boat Builder Repairer For Sale Caloundra

Boat builder and repairer – Freehold available
For the past 22 years this business has been building their renowned range of boats from its factory on the Sunshine Coast. Designed by a naval architect to meet survey standards the crafts combination of outstanding sea keeping qualities, robust construction and high quality fit-out have seen them hugely popular at boat shows and the subject of many boating magazine articles.
Prior to the owners diagnosis of a long term, debilitating illness the business consistently had a turnover in excess of $1m, employed eight staff, generated profits of several hundred thousand dollars and a customer waiting list approaching two years.
Increasing demand for repair work and the need for a change in lifestyle prompted the decision to scale back new boat production. However the reputation of these vessels has meant despite an absence of promotion requests for new boat quotations are received weekly.
With the complete infrastructure in place it is not possible to overstate the opportunity this represents for a new owner who has a passion for the marine industry, appreciates how the marketing power of social media can deliver on the full potential of this business and recognises there is not a better time to invest in an industry perfectly positioned to benefit from Australians spending their leisure time at home.
The vendor is prepared to stay on for as long as necessary to ensure a successful transition to the new owner- underpinning that commitment is the inclusion in the sale of Plugs and Moulds which represent an investment of over $900k.
Located in Caloundra’s key industrial area the business operates from a 1500 sqm site which includes factory and caretaker’s accommodation. The site has been independently valued at $1,150,000. - Sale includes: $200k P&E and $900k assets
The business is on sale for only $795,000 and the vendor would consider selling both the business and freehold for $1,700,000 Price $795k WIWO business only or $1.7m with freehold included.
Eamonn Bicknell XXXXXXXXXX
Importing, Distribution, Manufacturing and Service Business Specialist
Contact Seller
Eamonn Bicknell

Bsale ID: 547671
Broker REF: 6551326

Smart Sales Brokers Pty Ltd
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