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Marine Sales and Service – Two Locations in Canada

$2.2M$500K

Description

This is a full-service ship’s chandler, operating in two prime coastal locations, both on Vancouver Island. Each location carries extensive lines of hardware and equipment, fishing gear (serving all sectors), safety equipment, and miscellaneous supplies. Operating for almost 30 years, this business has a sterling reputation and excellent relationships with customers and suppliers.

This business has a very strong financial record. It continues to show substantial growth and rising profit year over year. There is plenty of opportunity for future growth and expansion into new markets. Both locations are operated out of leased premises. Leases are on favorable terms. Both locations are separately owned. The owners are happy to provide extensive transitional support.

Detail

Updated on November 5, 2020 at 9:56 am

Property ID:L#2020731
Property Type:Marine service
Property Status:For Sale
Asking Price: $2.2M
Gross Revenue:$2.5M
EBITDA:$500K
Inventory:$1M
Business Description:*Net Profit in 2019 increased over $100,000 over previous year.
Country:Canada
State: Canada
City: Vancouver Island

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