Profitable Marine Shop for Sale in Palma, Spain
Reliable & trustworthy company for seventeen years with a loyal client base.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 840 thousand |
| Run Rate Sales | USD 800 thousand |
| EBITDA Margin | 9 % |
| Industries | Marine Shops |
| Locations | Palma |
| Local Time | 8:34 AM Europe / Madrid |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
800 thousand
(Native Currency: EUR 695,000)
Reason: The promoter intends to retire. The valuation is done by professionals.
Includes physical assets worth
USD
105 thousand
Interested to connect with advisors
Documents
3 of 5 Company Vehicles
(427.3 KB)
Business Overview
- Engaged in the sale of maintenance and upkeep products for superyachts and boats.
- Possess exclusive sole European distribution rights for an innovative, environmentally friendly, solvent-free paint coating.
- Sell about 70,000 to 80,000 lbs of this coating each year.
- Also sell other maintenance products to superyachts and luxury yachts.
- Have an extensive and loyal client base with strong recurring revenue visibility as the coating paints have to be reapplied every 3 years.
- 200+ yachts use our surface protection and maintenance products.
- We sell the paint but have partnered with 1 British and 4 Spanish professional paint companies who apply our coatings and execute orders.
- Have sold coatings for 90 yachts in the last 3 years alone.
- Also sell marine pumps and engineering spare parts for yachts and boats.
- Revenue has dropped significantly due to the Covid-19 pandemic and is expected to recover gradually.
- We are the supplier of all kinds of spare parts for all types of yachts and we receive a lot of orders.
- Possess exclusive sole European distribution rights for an innovative, environmentally friendly, solvent-free paint coating.
- Sell about 70,000 to 80,000 lbs of this coating each year.
- Also sell other maintenance products to superyachts and luxury yachts.
- Have an extensive and loyal client base with strong recurring revenue visibility as the coating paints have to be reapplied every 3 years.
- 200+ yachts use our surface protection and maintenance products.
- We sell the paint but have partnered with 1 British and 4 Spanish professional paint companies who apply our coatings and execute orders.
- Have sold coatings for 90 yachts in the last 3 years alone.
- Also sell marine pumps and engineering spare parts for yachts and boats.
- Revenue has dropped significantly due to the Covid-19 pandemic and is expected to recover gradually.
- We are the supplier of all kinds of spare parts for all types of yachts and we receive a lot of orders.
Products & Services Overview
We supply every conceivable item/product required for the upkeep and maintenance of of a luxury yacht. Our product portfolio includes surface protection paints and coatings for marine use, marine pumps, and engineering spare parts for yachts and boats.
Assets Overview
The legal entity, business bank accounts and licenses, inventory, and 3 mobile vans, stock, vehicles, and computers.
Facilities Overview
Leased space of 70 sq. m. spread across 2 facilities.
Capitalization Overview
Funded through continual sales.Only debts are monthly outgoings to suppliers which are settled promptly.
2 shareholders with the shareholding held within the family.
Recent Activity
-
Earlier than 15 daysFounder, Investment, Ghent, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Dublin, Business Broker connected with the Business
-
Earlier than 15 daysFounding Partner, New York City, Investment Bank connected with the Business
Tags:
Profitable Marine Repair & Service for Sale in Palma, Spain
·Purchase Profitable Marine Repair & Service in Palma, Spain
·Profitable Marine Equipment Part for Sale in Palma, Spain
·Purchase Profitable Marine Equipment Part in Palma, Spain
·Buy Profitable Marine Repair & Service in Palma, Spain
·Buy Profitable Marine Equipment Part in Palma, Spain
·Profitable Marine Shop for Sale in Palma, Spain
·Purchase Profitable Marine Shop in Palma, Spain
·Profitable Marine Repair & Service for Sale
·Buy Profitable Marine Shop in Palma, Spain
·Profitable Marine Equipment Part for Sale
·Profitable Marine Shop for Sale
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
