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$ 5,000,000
Est. payment /mo
New
Address not disclosed Fort Lauderdale, FL
UPDATED:
Key Details
Property Type Other Types
Listing Status Active
Purchase Type For Sale
MLS Listing ID A12048104
HOA Y/N No
Property Description
Rare opportunity to acquire an established South Florida marine engine and parts business with worldwide sales and an estimated $30 million in inventory (seller estimate), including approximately $14–16 million already listed online. The business specializes in hard-to-find, discontinued, New Old Stock and used yacht engines, transmissions, generators, and OEM parts that are in high demand by yacht owners, commercial vessel operators, charter companies, fishing fleets, and marine service businesses throughout the U.S., Caribbean, and Latin America. The 17,200-square-foot warehouse is packed with valuable inventory, and the asking price includes both the ongoing operating business and all inventory. A new owner has significant growth potential by cataloging and marketing the remaining inventory online, expanding e-commerce sales, and growing international distribution. The business currently employs 8 full-time W-2 employees, operates from a prime location near major seaports and airports for efficient worldwide shipping, and the seller is willing to assist with a smooth transition. This opportunity may also be attractive to buyers exploring U.S. business immigration pathways such as E-2, L-1, or EB-5. This is one of the few companies that dominates this niche high margin industry. Additionally the convenient location gives it a tremendous advantage. Create a sales force locallly in the Carribean and throughout Latin America.
Location
State FL
County Broward
Area 3270
Interior
Interior Features InteriorFeatures
Fireplace No
Building
Dwelling Type Office,Warehouse
Listed by Brian M. Zoberg Suncoast Business Consultants