Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. Marine Supply Store

LISTING DETAILS
Firms For Sale ID:
12248
Vendor reference:
177491
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$950,000  
Turnover / revenue:
$195,000
Net profit / cashflow:
$633,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Entrepreneur needed for Successful Marine Hardware store in Paradise21;21;21; The only Marine hardware and Boating Supplies store in Cabo San Lucas, Mexico, is available. The astute buyer will take over this turnkey operation along with plans to open five more stores in a near monopoly environment from the retiring owner. The current owner has employed excellent business practices and accounting, which makes it easy to assume new ownership. This is the only marine store south of La Paz, which is 100 miles away and the only modern one with direct import channels from the U.S., and other countries that are completely established. The store has a high margin line of resort clothing as well. Cabo San Lucas is the fastest growing and the highest income producing resort in all of Mexico. It is world famous for sport fishing and the largest marlin tournaments in the world. Located just 2 hours from Southern California via major scheduled airlines, this is the only store available for servicing the 2000 plus boats that visit or permanently reside in Cabo. These are large, luxury boats that demand high maintenance, and must patronize this store. The extensive red tape (plus major amounts of money 26; years in time) needed to open this type of enterprise has become prohibitive. By necessity this must be a stock sale to keep all of the permits, agreements, etc. intact. The current owner will provide the appropriate indemnification. However, the new owner will have free reign for opening marine hardware stores over the entire area of Baja and the West Coast of Mexico if he wants to pursue it. Or just relax, kick back, and enjoy the fishing21; For additional information please contact Roger Civalleri at (310) 539-8300. 23;760