Only boat repair shop for Progressive Insurance in Miami-Dade County. Designing, manufacturing, servicing/repair, restoration, and buying/selling of power boats. Has molds for three boat sizes: 26', 32', and 40'. A well-known brand used by police boats, military boats, recognized in papers and used in a major box office movie. 5 employees will stay on; 3 are Certified Marine Technicians. Owner willing to train for up to 6 months; included in the sales price!!
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$239,314FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$75,000Premier Miami Marine Repair & Custom Boat Manufacturer w/ Exclusive Insurance Contract
This business is sold. Please check other available businesses for sale.