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Niche Marine Service and Product Supply Business #131

$249,000 WIWO Ref: 1023335

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Established for Nearly Two Decades by this Current Owner, this is a Niche Marine Service and Product Supply Business. This Business Has So Few Competitors within SE QLD, as it Provides What Most Others Don’t. This is a Niche Marine Service and a Product Supplier that Includes a Major International Yacht Product, Preferred Product Reseller, Whereby, it Receives On-Going Referrals of New Clients, Being in Addition to a Large Volume of High Repeat, Existing Commercial/Business & Privately Owned Vessel Owner Sales. These Clients Require This Well Renowned and Trusted Product and Relates Services…

  • 18 years of establishment by this current owner constitutes a long-term business ownership period. This owners near two-decade tenure alone, is confirmation that this business has been an attractive financial and lifestyle investment. This is a unique and niche marine industry product supplier and service provider, and there being so few businesses of this kind within southeast QLD. This business has built a reputation for providing quality and in demand products and services.
  • This brand is a proud and preferred product reseller of one of the most respected, offshore, and well-known yacht product manufacturers and international suppliers in the world. This business is also a trusted and respected market player within the SE QLD region, and beyond.
  • This business owner is now ready for retirement, only after a medium-term transition and highly supportive hand over to a new owner. As, there will be introductions to many existing, marine businesses and commercial clients, who are constant referrers of new clients.
  • Minimal dollars are invested in advertising and marketing, as, the high rate of repeat clientele orders far out ways the need to spend money inviting new clients actively. There being more clients than this business wants to service currently…
  • This business is already booked well in advance, as there are so few competitive players operating within this niche market segment (many even forget that this type of product and service is required for vessels and is needed to be purchased so often).
  • Due to this business’s 18 years of trading history and well-established market reputation, there is a high volume of clients being referred and who are always returning, which makes the phone ring constantly. This is just an extremely popular business, due to the type of marine products and services supplied to a diversity of private and commercial vessel owners.
  • A new owner or related marine industry business would do well to “bolt” this business onto an existing operation. Its profit margins are high, and the net profit is extremely reliable. When you have this level of on-going client demand and sales volumes, the owner and staff are kept busy throughout the year (not a seasonal business).
  • When you own a business that is so trusted and renowned for its product and service quality and is required by anyone who owns vessel (no matter the size or use), it simply means that the market for this niche product and service is extremely large. And with there being so few direct competitors like this operation, it stands to reason that it remains an extremely busy provider.
  • Nearly every type of vessels requires this type of product and service at some time or another, mainly due to the effect that sea salt and the harsh Australian sun has on every vessel.
  • This owner has always chosen to keep this business at a very manageable level of sales and profit generation. Wishing to keep the persistent client demand and subsequent growth at a certain level, mainly due to this owner’s stage of life.
  • It has now become obvious, due to the growth in population, with so many southern state residents making QLD their home, that boat ownership numbers throughout Brisbane, Gold Coast and the Sunshine Coast continue to climb.
  • This business’s “sales flood gates” are ready to be opened by a new owner. There is enough client demand and sales potential for any new owner to add two more staff to the fold, immediately.
  • Again, due to retirement, this owner does not wish to grow this business exponentially. But, it would be the best thing for this business’s bottom line and clientele. As the trading results suggest, the more clients that are serviced and supplied with products, the more clients return – organically…
  • Proudly, this owner never has money worries. Clients pay well, having a good percentage of business and commercial businesses, including private clients who own expensive toys, who want to keep their boats seaworthy, so they invest the money when it is required.
  • A new owner, or existing marine business, could double or quadruple this business within a relatively short time, as the on-going and inbound client demand far exceeds what this owner and his staff want to respond to.
  • There is ample more money to be made by a new, motivated owner or marine company. This business’s base offers one of the best options in which to be funded by owners of boats, both commercial and private.
  • There being a large referring network of boat builders, boat brokers, boat product distributors, commercial fishing companies etc. who outsource to this niche service and product provider. This is a very lucrative niche segment within the marine industry.
  • People can sometimes forget that a business actually needs to supply this type of product range and needs to complete this type of work on vessels.
  • Water and weather is always the enemy of all vessels that adorn our seas.
  • Just wait until you enter this business’s ‘marine world’. Peer into this highly detailed business profile and become aware of just how cashflow positive it is. Having an ample flow of funds being banked as clear profit. This being a low cost business model.
  • The swelling client demand should not be ignored, but responded to…but, planning to retire always dampens enthusiasm for further growth.
  • This business puts any new owner or marine industry business into a luxurious commercial position. These clients needing to spend money with this operator, for the benefit of their high value assets and commercial companies must keep operating to make their profits.

Here, you can enter the marine industry and expand a business within it, using the spoils of a well liked and revered operation, as staff can continue carrying the torch with you. Priced well, due to a genuinely retiring owner. Only $249K WIWO

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