Chandlery For Sale

Business description

Here is an outstanding opportunity to take on an existing profitable business based in Bonaire Marina on the outskirts of Alcudia.
The chandlery has been developed over the past 5 years by the present owners who have built a solid reputation for both the service and quality of products supplied far and wide to boat owners throughout the North of the Island.
This is truly a solid base on which to develop further by new owners who maybe have a background in either the boating industry or alternatively those who have a background in a customer facing background who have an interest in this lucrative market.
The chandlery premises, which also doubles up for the operational heart of the full range of services is approx 43sqm internally with full range of racking for the chandlery products and a further external terrace of approx 20sqm where the ribs are displayed alongside other boating offers.
This is a business that has a market that is not dependent solely on holidaymakers and is a fully operation year round business, if new owners wished to do so, the choice is theirs!
In addition to the chandlery side of the business, which commenced 5 years ago there is also the thriving maintenance and boat cleaning service, which commenced 7 years ago.
Again this also has vast opportunities for growth by new owners and one that could quite easily be developed ‘hand in hand’ alongside the chandlery side of the business.
If this was not enough to wet your appetite, then there is the brokerage element to this business, sales of boats on a commission basis, which given the potential, would add substantially to the bottom line. This now boasts 15 boats in total and growing all the time, therefore increasing the bottom line to the business, or in nautical terms 'Plimpsole Line'
The current owners are reluctantly placing the business on the market due to a recent family bereavement, which necessitates a return to the UK after having been on the Island in total for 12 years, a decision they have not taken lightly.
In our opinion the chandlery, maintenance, boat cleaning & brokerage is an excellent opportunity for someone to take hold of and develop into one of the leading nautical businesses in the North of the Island.
Books can be made available to serious interested parties, this company is formed as an ‘SL’ (Ltd) and has been run in an manner suiting such status.
A new 4 year lease had just been signed and stock levels as of March 2008 are running at 35,000€

Property information

Real Estate:

Lease

Lease terms:

Leasehold: €70,000 - Monthly Rental: €566