Price Reduced 58.18%
Price History
$5,500,000
6/18/2023
$3,500,000
3/31/2024
$2,300,000
5/9/2024
$1,500,000
5/15/2024
$2,300,000
6/4/2024
Sellers estimate approx. 20 million dollars in parts, engines, transmissions, and generators. This business finds & purchases used engines, generators, transmissions, parts etc... for yachts, commercial charters, tugboats, and watersports operators. Business is being sold based on a discounted value of the inventory even though it is ongoing, fully operational, and profitable. 2023 gross revenue ~1.9M. Owner Profit ~470k. Additional revenue is generated by repairing and rebuilding engines, transmissions, and generators. Team of well qualified mechanics in place that are willing to stay on post-closing. Located near South Florida sea and airports Many clients throughout the Caribbean and Latin America. Sellers will assist in a transition period.
Status:
Active
Type:
Commercial
Zoning:
Commercial
Days on Market:
521
MLS #:
A11405497
Community Info
School Info
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Listing courtesy of Suncoast Business Consultants Phone: 305-301-2443