Custom Marine Canvas & Upholstery Shop For Sale

Business description

Custom Marine Canvas & Upholstery Shop For Sale For $95,000. Don't be fooled by that low number! This business could easily be doing 3 times the current work load. Established in 1990 & has enjoyed continued growth, an excellent clientele & 25 concentrated areas with boats & marinas all within minutes of the shop. If you have over 5 to 10 yrs of full-time experience doing custom marine canvas & upholstery & have the ability & skills to fit, sew & install quality work FULL TIME Owner would likely accept you with *** NO MONEY DOWN *** because this business is very well established & serious money flows. Nice 3 bedroom home available to own, rent or share depending on your needs. This is a total no-brainer for a current operator in a cold climate looking to move south or expand, or an exceptional employee wanting to go to the next level as an Owner. Fully functioning website with online marine supplies store? ONCE in a lifetime opportunity * DO NOT WAIT...call right now...or you will be wishing you did! Current Owner has been doing marine canvas for 30 yrs. Demands of new Yacht Brokerage division has grown & Owner wants to devote most of his time to its operations. Marine canvas shop is a healthy, successful business & a great opportunity for the right person or company looking to expand or relocate. Turnkey operation with steady, ongoing contracts & reliable income. The length of time established assures year round business & little seasonal fluctuations in income. Shop runs very efficiently with very low overhead ( Do the math: almost endless marine jobs billed at an average of $79 per hour(sometimes a lot more & with overhead less than 25%. This business enjoys being considered one of the finest outfitters on the East coast. Sale includes everything except house & lot--however, the Owner will consider selling all the above & with flexible financing too! (Real Estate valued at approx.$289,000). Short term training & partnerships being considered with a down payment. Recently built shop facility is brightly lighted, central heat & air, has very high ceilings & wide open view to the outside through many windows & two doors (pictures available upon request). Shop is efficiently laid out with lots of storage, a good selection of stocked materials, hardware, tubing, fittings, etc. Owner is willing to continue as primary contact to produce sales & as a consultant when needed. Close link to the yacht brokerage will even produce more orders. Ample parking for 6 vehicles including a utility carport for outdoor work plus a side & gated rear area to store boats on-site if necessary. Equipment includes: Consew 206 rb1; Brother Ls2 walking foot industrial machines; professional tubing bender & crowning attachment, computer, printer, fax & all necessary hand tools, rules, tables, 3 tier material rack & $5000+ in stocked materials, etc. Plus, all tools & equipment required for off-site operations. Everything in good condition & currently being used to produce ongoing orders! Shop is adjacent to the attached, nicely appointed 3 bedroom 2 bath house recently painted inside & out with newly refinished hardwood floors & new ceramic tiles on the kitchen & bath room floors. All new appliances in 2000 including refrigerator, dishwasher, oven, microwave, clothes washer & dryer. Central heat & ac throughout. Great environment to work in. Excellent clientele, yachts & marinas everywhere! - - DO NOT HESITATE !! This opportunity won't last long. Call now for more information! Together we can make this happen easily and you can start ringing the cash register tomorrow! Contact now for more information.

Property information

Real Estate:

Lease

Lease terms:

Lease terms:If you desire to operate at the present location: $1395 a month which includes the 3 bedroom, 2 bath house. This current shop is adjacent to the attached, nicely appointed 3 bedroom 2 bath house & was recently painted inside & out with newly refinished hardwood floors & new ceramic tiles on the kitchen & bath room floors and new architectural roofing installed June 2007 & of course 4 new ceiling fans as the final touch! All new appliances in 2000 including refrigerator, dishwasher, oven, microwave and clothes washer & dryer. Completely New central heat & ac system in 1992.

Living accommodation:

If you desire to operate at the present location: $1395 a month which includes the 3 bedroom, 2 bath house. This current shop is adjacent to the attached, nicely appointed 3 bedroom 2 bath house & was recently painted inside & out with newly refinished hardwood floors & new ceramic tiles on the kitchen & bath room floors and new architectural roofing installed June 2007 & of course 4 new ceiling fans as the final touch! All new appliances in 2000 including refrigerator, dishwasher, oven, microwave and clothes washer & dryer. Completely New central heat & ac system in 1992.

Location:

Located in a 1450 sq.ft facility in beautiful sunny & warm coastal South Carolina adjacent to historic Charleston. One mile from Sullivan's Island beach & two miles from Charleston, adjacent to Route 703. All boats & marinas are within minutes of the shop including the new Patriot Point Marina at the Marriott Hotel on the harbor. Shop is surrounded by many marine businesses that support each other with referrals & advertising.

Other information

Expansion potential:

This is a turnkey opportunity with room for considerable increase in volume on top of the pre-existing marine clientele. Expansion of the business could easily be achieved into residential & commercial upholstery, awnings, auto, aircraft, sails & other non marine upholstery not to mention the possibility of retail sales of a variety of related items.

Years established Since 1990

Competition / Market:

Yes there is some competition but Owner states: "ask me if I care!"

Support & training:

Owner is also willing to continue as the primary contact to produce sales & as a consultant when needed and partnerships are very welcome.

Reasons for selling:

Two reasons- Expansion is certainly warranted (too many orders coming in!) & due to the demands of the new Yacht Brokerage division owner must devote more time to its operations.

Trading hours:

1990

Financing available:

Yes **NO MONEY DOWN** depending on buyers experience

Furniture / Fixtures value:

$10,000

Inventory / Stock value:

$5,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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