Very Profitable with Huge Growth Potential. Marine Engines and Parts!

Financial & Assets Details

About the Business

Business Description

Well-established and reputable company specializing in the buying, selling, and rebuilding of marine engines, generators, transmissions, and parts in the secondary market. With a strong foothold in the marine industry, this business has earned a loyal customer base and an outstanding reputation for quality products and exceptional service.

Key Features: Diverse Inventory: Benefit from an extensive range of marine engines, generators, transmissions, and parts, carefully curated to cater to various vessel types and customer demands.

Rebuilding Expertise: Gain a competitive edge with in-house rebuilding capabilities. Skilled technicians use cutting-edge equipment and meticulous processes to breathe new life into engines and transmissions, adding value and increasing profitability.

Established Supplier Network: Leverage long-standing relationships with reliable suppliers, ensuring access to premium components at competitive prices.

Global Reach: The business has established a robust international presence, catering to clients worldwide. Take advantage of existing shipping and distribution channels to expand your global reach further.

Strong Online Presence: Benefit from a well-designed website and active social media presence, attracting customers and generating leads through various online channels.
Experienced Workforce: Acquire a proficient team of experienced professionals dedicated to delivering top-notch products and services, reducing the learning curve and ensuring a seamless transition.

Sellers estimate approx. 20 million dollars in parts, engines, transmissions, and generators. This business finds & purchases used engines, generators, transmissions, parts etc... for yachts, commercial charters, tugboats, and watersports operators.

Business is being sold based on a discounted value of the inventory even though it is ongoing, fully operational, and profitable. 2022 gross revenue ~1.3M.

This is a lucrative set up where you can fix, refurbish, and resell for an estimated 50% of wholesale prices while operating on very large profit margins. The current sales are generated via the company website, ebay, walk in customers, repeat business and referrals. If its a marine related part this company probably has it. If you need a part for your boat or need to replace an engine or transmission this is the place to go.

Extensive inventory of hard to find and unavailable items. A new owner can capitalize on this unique opportunity by improving the real time inventory system that has been created by the current owners, increasing online presence, forming a salesforce, and consulting team. Additional revenue is generated by repairing and rebuilding engines, transmissions, and generators.

Team of well qualified mechanics in place that are willing to stay on post-closing.

Located near South Florida sea and airports which is convenient for international sales and shipping. Many clients throughout the Caribbean and Latin America. Sellers will assist in a transition period. Only a fraction of the in-stock inventory is currently online.

The facility is a 22,000 sq ft warehouse packed from floor to ceiling and includes a designated repair station. Plus, a large, secure lot. Total area is just over one acre. Works with salvage yards, scrap yards, boat yards, insurance companies, sunken boat recovery etc... Sellers are literally sitting on millions of dollars.

The business is asking for a new owner/group to take over and start mining out the money.

Possible for an EB5, E2, L1 Visa.

Market Competition:

Limited amount of competition and similar businesses that have this level of inventory and industry expertise.

Location Details:

Large warehouse plus 1/4 acre yard.. Packed with inventory. Mechanic shop area plus air conditioned offices. Top South Florida location close to air and seaports.

Support & Training

Sellers will assist in a transition period and provide support post closing.

Reason for Selling:

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