Marine Repair Shop with Indoor & Outdoor Storage 6 Acres– Serving the Community Since 1974

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  • Primary Category: Marine/Boat Service & Dealers for Sale

An Exceptional Opportunity to Own a Long-Standing, Profitable Marine Repair and Storage Business!

This successful marine repair shop, established in 1974, has become a trusted name for quality service and reliable storage solutions in the local area. The business occupies 6 acres of outdoor storage, accommodating boats, RVs, and cars, with additional indoor storage for boats, providing year-round revenue. Sale includes all essential tools and equipment, making it a complete, turn-key opportunity.

Business Highlights:

Over 45 Years of Service: A well-known, reputable business with a loyal client base and strong word-of-mouth referrals.
Spacious 2-Acre Property: Offers ample outdoor storage for boats, RVs, and vehicles, meeting high demand in the area.
Indoor Boat Storage: Secure indoor storage for boats, providing clients with extra protection and peace of mind.
Fully Equipped: Sale includes all necessary tools, equipment, and resources for smooth operation and continued success.
Why Invest?

Multiple Revenue Streams: Consistent income from storage and repair services, with room for expansion.
Turn-Key Operation: Fully established with all assets included, making for a seamless transition.
Growth Potential: Excellent opportunity to add services such as winterization, detailing, or increased indoor storage capacity.

Financial Information

  • $425,000 Asking Price
  • $145,200 Cash Flow
  • $369,600 Gross Revenue
  • N/A Down Payment

Business Location

  • City: Grand Rapids
  • State: Michigan

Reason for Sale

  • Other opportunities

Detailed information

  • Year Established: 1974
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 2
  • Part-Time Employees: 1
  • Contractors: N/A
  • Owner Worked Hours/w: 30
  • Adjusted EBITDA: N/A
  • Inventory Included: Yes
  • Inventory Value: $3,000
  • Monthly Rent: $2,595
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Building Size: 7200
  • FF&E Included?: Yes
  • FF&E Value: $73,474

Training/Support

  • Negotiable- 2-4 weeks

Facilities

  • 2 Acres of Boat, RV & Car Storage Indoor Boat Storage Fully Functioning Boat Repair Shop Every piece of Equipment and Tools needed to run the shop come with the Business

Real Estate Description

  • Boat Repair Shop Indoor Boat Storage 2 Acres of Outdoor Boat, RV & Car Storage
Business Listed by
image of Chris Hays
Chris Hays
Sunbelt of West Michigan
Show Phone Number
Listing ID
WESTMI001-56093

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