Reference No: 9026

Boat and Marine
Caloundra QLD

Price: $795,000 WIWO Stock Included question mark popup button

Boat Builder & repairs for sale Sunshine Coast

Boat Builder & repairs for sale Sunshine Coast
Includes business assets of $1.1m plus Freehold also available.
For the past 22 years this business has been building their renowned range of boats from its factory on the Sunshine Coast. Designed by a naval architect to meet survey standards the crafts combination of outstanding sea keeping qualities, robust construction and high quality fit-out have seen them hugely popular at boat shows and the subject of many boating magazine articles.
Prior to the owners diagnosis of a long term, debilitating illness the business consistently had a turnover in excess of $1m, employed eight staff and a customer waiting list approaching two years.
Declining health has prompted the decision to scale back new boat production. However the reputation of these vessels has meant despite an absence of promotion requests for new boat quotations are received weekly. Current forward orders are for two new boats $350k and $62k of repairs.
With a highly experienced boat builder available to manage the business if required, a complete infrastructure in place, it is not possible to overstate the opportunity this represents for a new owner who has a passion for the marine industry, appreciates how the marketing power of social media can deliver on the full potential of this business and recognises there is not a better time to invest in an industry perfectly positioned to benefit from Australians spending their leisure time at home. The vendor is prepared to stay on for as long as necessary to ensure a successful transition to the new owner- underpinning that commitment is the inclusion in the sale of Plugs and Moulds which represent an investment of over $900k.
Located in Caloundra's key industrial area the business operates from a 1500 sqm site which includes factory and caretakers accommodation. The site has been independently valued at $1,150,000.
Price $795k WIWO or $1.79m with freehold
Eamonn Bicknell 0452 321... (click to show)
Importing, Distribution, Manufacturing and Service Business Specialist

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Price: $795,000 WIWO Stock Included
Smart Sales Business Brokers
Suite 522, 12B Anzac Square Arcade - 198 Adelaide Street
Brisbane, QLD, 4000

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Contact: Eamonn Bicknell
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