Business Description

This business specializes in finding and purchasing used marine engines, generators, transmissions, and parts for various types of watercraft. With an estimated inventory value of around $20 million and a gross revenue of approximately $1.3 million in 2022, the business is fully operational and profitable. They sell these items at a discounted rate, allowing for a significant profit margin when refurbished and resold at about 50% of wholesale prices. The company sources its sales through various channels, including its website, eBay, walk-in customers, repeat business, and referrals. It has a vast inventory of rare and hard-to-find marine parts, making it a go-to destination for those in need of boat components. The opportunity for a new owner lies in enhancing the current inventory system, boosting the online presence, and expanding sales and consulting teams. The business also offers services in repairing and rebuilding engines, transmissions, and generators, with a team of skilled mechanics ready to assist. Situated near sea and airports in South