Established Boat Repair and Restoration Shop - Semi Absentee

Description

This established marine flooring, upholstery, and restoration business has built a strong reputation for delivering high-quality craftsmanship, excellent customer service, and reliable turnaround times. With a steady flow of work year-round and projects currently booked six weeks out, the business offers an excellent opportunity for a buyer seeking a scalable operation in the growing marine services industry.

The company specializes in marine flooring, boat and automotive upholstery, detailing, fiberglass restoration, and related custom services. Flooring and upholstery represent the majority of revenue, with an average project size ranging from $1,500 to $4,500.

Known for its quality workmanship and follow-through, the business generates over 20 jobs per month through referrals, repeat customers, and established dealership partnerships. Operations are supported by a team of highly trained and experienced employees, with all work completed in-house and no subcontractors utilized. The business is currently operated on an owner-absentee basis, providing an excellent opportunity for either a hands-on owner looking to grow the company further or an investor seeking a well-established operation with existing infrastructure in place.

This business distinguishes itself from competitors through its established brick-and-mortar presence, structured operational foundation, highly skilled workforce, and strong commitment to customer satisfaction. Material costs average approximately 15% of each project, contributing to attractive gross margins. Unlike many businesses in the marine industry, operations remain steady throughout the year with minimal seasonal fluctuation.

The current owner is pursuing other business opportunities and is prepared to transition the business to a qualified buyer. This opportunity is ideal for an owner-operator, strategic buyer, or existing automotive/marine service company looking to expand service offerings and capitalize on an established customer base and strong market presence.

Key Investment Highlights:
• Established and highly regarded marine flooring and restoration business
• Strong reputation built on quality workmanship and customer follow-through
• Brick-and-mortar operation with experienced, highly trained employees
• Revenue driven primarily by repeat customers and referral business
• Existing dealership partnerships in place
• Healthy cash flow model with 50% customer deposits collected upfront
• Current workload booked approximately six weeks out
• Consistent year-round demand with limited seasonality
• Currently operated on an semi-absentee ownership basis

Opportunities for Growth:
• Improve lead follow-up systems and customer conversion processes
• Increase digital marketing and advertising efforts
• Expand beyond the current referral and word-of-mouth lead generation strategy
• Further develop dealership and strategic partnership relationships

With an established reputation, strong operational foundation, and consistent demand, this business is well-positioned for continued success under new ownership. The combination of repeat clientele, skilled employees, dealership relationships, and significant growth potential creates an attractive opportunity for a buyer looking to enter or expand within the marine services industry. The current owner is committed to supporting a smooth transition and helping position the next owner for long-term success.

Listing Details

• Listing Number: 5182-232497
• Location: Monroe County, Tennessee
• Price: R 120,000.00
• Down Payment: R 120,000.00
• Sellers Discretionary Earnings: R 96,483.00
• Category: Marine Related


• Inventory: 0.00
• FF&E: R 41,200.00
• Employees: 3
• Years Owned: 4
• Reason for Selling: Other business focus