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Marine Sales and Service – Two Locations in Canada

Vancouver Island, Canada
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    Marine Sales and Service – Two Locations in Canada

    $2,200,000$500,000

    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: $2,200,000
    Gross Revenue:$2,536,445
    EBITDA:$500,000
    Inventory:$1,000,000
    Business Description:*Net Profit in 2019 increased over $100,000 over previous year.
    Country:Canada
    State: Canada
    City: Vancouver Island
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