Marine Canvas Fabrication Business

Undisclosed Address, South Carolina
Business Opportunity for Sale
Catylist Listing ID: 30770663
Property Subtypes: Auto Related
Building Size (RSF): 2,800 SF
Sale Price: $180,000
Year Business Established: 2007
Gross Revenue: $165,000 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 10/28/2021

Overview / Comments

Great opportunity to run your own business and work in this shop overlooking the Intracoastal Waterway. Perfect location for this custom boat canvas business, in a large Marina Complex on the ICW in Little River, SC. Marina has storage for over 160 boats in the same building. Well established family-owned business in same location for 14 years with hundreds of satisfied customers. Owner and his family turned their love of boats into a successful business, but are now ready to retire and enjoy time on their own boat.

Owner is willing to remain and help with training as needed for the new owners. Shop consists of approximately 2800 sq.ft. under lease until 4/24 with option to renew.

Additional Details

Industry Segment: Other Auto Related
Reason for Selling: Retirement
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Approximately 2800 square feet of office/shop and storage area. Main office on ground floor along with work area and 600 square feet of storage. Upstairs is a a large work area with 2 large windows overlooking the waterway. A larger layout/sew table is include in this area as well as another office/workspace and additional storage space. Current lease runs through 4/24 with option to renew.
Mgmt/Training Support Description: Owner has extensive experience as well as numerous books and videos that will be included with sale and is willing to stay for support and training as required based on experience level of new owner.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,682 35,790
Median Age: 33.61 34.68
Households: 4,074 13,005

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