Marine Fabrication and Installation For Sale

Business description

Located in an historic waterfront community favored by sailors on the east coast this 25 year old business awaits new owners to take it to the next level. The company is owned and operated by a husband and wife time who had no prior knowledge of the trade but who have carried on the tradition of workmanship that makes this a winner. This could be an ideal second income for a retiree who wants to get away and enjoy living in a small waterfront community which is also not far from city advantages.

Property information

Real Estate:

Lease

Lease terms:

The base rent is $600 for what was a converted canvas maker's shop located near the water.

Location:

Located in a stand alone building with about 1,600 sq. ft.

Other information

Expansion potential:

Web based marketing could help to bring in off season business.

Competition / Market:

The company has survived business cycles and competition since 1982.

Support & training:

Will train.

Reasons for selling:

Pursue other occupation.

Trading hours:

8:30-5:00

Furniture / Fixtures value:

$10,000

Inventory / Stock value:

$4,000 (included in the asking price)