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| You have accessed this listing information from the VR National database through: | The participating listing VR Business Broker Office is: |
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VR Business Brokers - Lakeland, FL 1828 S. Florida Avenue Lakeland, FL 33803 (863) 682-4600 www.vrbusiness-sales.com vr4144@vrbusinessbrokers.com |
VR Business Brokers - Tampa, FL 13367 North 56th Street Tampa, FL 33617 (813) 258-0929 www.vrtampa.com info@vrtampa.com |
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Business Listing Details |
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LISTING#: |
H5000: Marine Marine Towing Services Business |
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LOCATION: South Florida Area |
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ASKING PRICE $750,000 |
AMOUNT DOWN $675,000 |
REVENUES: $830,171 |
ADJUSTED CASH FLOW |
TOTAL ASSETS $600,000 |
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| This Highly Profitable Marine Services Company has remained in the same South Florida location for over 6 years and is part of a thriving international franchise-based company established in 1983. With a 25% profit-margin and discretionary earnings of $208,528 this business remains successful in the current economic market. The business provides professional routine and crisis on-water recreational boat towing services including vessel salvage service. Customers are membership based; the business has built a large membership of over 2,325 members within the defined area of operation. Members have access to insurance benefits, boat loans, and trailer care providing 24 hour roadside assistance for vehicles and trailers. Membership also allows for members to place phone calls from anywhere in the continental U.S. via VHF communications including requests for navigational or on-water assistance. Open 24/7 the business operates with 2 full-time and 5 part-time employees and can be expanded with additional slips that are now available. This is a rare opportunity on today's market for an energetic qualified buyer who enjoys boating and the outdoors and wants to capitalize on their investment. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |