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Marine Engineering & Small Chandlery In Gibraltar For Sale

Gibraltar
Asking Price:
£500K - £1M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Well established Marine Engineering and small chandlery business.
Engine, Generator and parts sales, service and warranty.
Well Established & respected for over 35years.
Holds Various sole Marine Engine & Industrial Engine distributorships and dealerships with large customer base and repeat custom and contractural work.
Great investment opportunity with loads of room for expansion.
Family run business, now looking to retire. Ideal for family wishing to relocate to the sun.

Purchase options available.

Property information

Real Estate:

Lease

Lease Terms:

privately owner property, lease is negotiable

Location:

Gibraltar

Premises Details:

shop front, inc office and workshop, close with easy access to marina, no vehicle needed.
leased shop with option to renew.

Business Operation

Expansion Potential:

room for expansion in various fields, more marine services with connections to boat builders and suppliers, extend chandlery range, generator servicing, adding other services to business,

Competition / Market:

no competion for dealerships, 1 other marine engineering business.

Reasons for selling:

selling due to retirement

Trading hours:

shop hours monday to friday 8-5pm with 24/7 on call

Employees:
3
Years established:
39years

Other Information

Support & training:

inhouse and offsite (UK) training courses are available from OEM companies for Distributorships / dealerships. Inhouse training available for systems etc consultancy option is available fron current owners, and / or joint changeover period.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Inventory / Stock value:
£40,000 - included in the asking price
Relocatable:
This business can be relocated.

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