Profitable Marine Shop for Sale in Ocho Rios, Jamaica
For Sale: 18-year old pool supplies and fishing gear business with two locations.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 94 thousand |
| Run Rate Sales | USD 135 thousand |
| EBITDA Margin | 40 % |
| Industries | Fishing + 1 more |
| Locations | Ocho Rios + 1 more |
| Local Time | 1:40 PM America / Jamaica |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
810 thousand
(Native Currency: JMD 130,000,000)
Reason: The promoter was diagnosed with breast cancer and needs to cut back on the stress, which is impossib...
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Includes physical assets worth
USD
94 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
The business has been operating for the last 15+ years as a pool store, just before the Coronavirus pandemic, we added fishing and spearfishing accessories as there was a price war in the pool supplies industry and did not want to be part of that. To our surprise fishing and spearfishing took off during the pandemic, we then decided to open another store in the town of Ocho Rios and also sell online. The sales have increased by 100% and still growing. The business is very lucrative and has the potential to grow if continued to be marketed properly, This business is very profitable and needs the right person/s to take it to another level. Majority of the sales are offline and we receive a good number of customers every day with a lot of repeat customers.
Products & Services Overview
We provide pool chemicals, fishing equipment, fishing gear, accessories, and spearfishing gear through two locations as well as our own e-commerce web.
Assets Overview
Inventory.Furniture.
Equipment's.
Goodwill.
Logo, trade name.
Customers list.
Brands.
Ecommerce website.
Facilities Overview
The Store in Tower Isles has one floor and is located on the main road.The store in Ocho Rios has two levels in downtown Ocho Rios, the same entrance as the beach and close to hotels and tourist attractions and a Marina.
Both are rented facilities.
Capitalization Overview
Business was funded by self for the first few years but no longer use personal funds to invest as it turns over for itself. No loans in the business.Business has a single owner.
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