BizEx128-JD: Marine Welding Shop



Background:

General Location:Marina Del Rey, Ca
Category:Services > Marine Repair, Parts & Services
Retail > Marine Dealers & Equipment
Years in Business:12
Under Present Owner:5
Hours of Operation:8 - 4
Owner Hours:8 - 4
Training:As needed
Organization Type:S Corporation
Lease Expiration:One Year
Lease Options:available
Building Size:1200 sqft
Employees: 1 FT

Reason for Sale:
Other Career

Financials

Asking Price:$122,000
Down Payment:Negotiable
Gross Sales:$105,374
Discretionary Cash Flow:$31,098
FF&E:$ 74,000
Inventory Included?Yes
Inventory:$5,000
Minimum Operating Capital:$ 6,000
Real Estate Available?No
Real Estate Asking Price:$ 0
Rent:$ 1500 / month
Payroll:$ 0/month
Financing:Seller

Gross Sales
Gross Profit
Disc. Earnings

* YTD as of , ** = Prorated.

Broker Info


John DeGolyer
Business Broker
(310) 882-2200 ext 109
LIC# 01859016

Summary

Business for Sale: Profitable 12 year old Marine Welding and Fabrication shop. This shop is the primary welding shop serving two very busy haul-out marinas for the 8,000 boats in Marina Del Rey. This shop established a reputation for quality work and with this location, they have never had to market - business is all word of mouth and just walks in the door. The current owner works very reasonable hours and takes a month off a year to travel. The current owner wants to spend more time acting and less time on the business. The ideal new owner is someone who loves boats, knows something about bidding, welding and fabrication. For more information, please come to www.BizEx.net and register or contact John DeGolyer at 310-882-2200 xt 109.


More Details

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DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.