Established Marine Services Business with Real Estate in Suffolk County, NY
Financial Details
- Asking Price:
- $515,000
- Annual Revenue:
- $3,936,331
- Cash Flow / SDE:
- $198,363
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 2.6x
- Location:
- NY, US
- Source:
- Date:
- October 03, 2025
Key Highlights
Description
This is a well-established, 65-year-old marine services business located in a prime, high-traffic area of Suffolk County, New York. Family-owned and operated for three generations, the business is now available for sale as the owners are ready to retire. The business boasts growing sales year-over-year, with 2024 gross revenue reported at $3,936,331 and an owner's benefit of approximately $198,363. The asking price of $515,000 includes $350,000 in FF&E. Inventory is valued at $500,000 and is not included in the asking price. The property, a 2-acre parcel with multiple buildings, is offered separately for an additional $4.8 million. The owners are seeking a serious, financially qualified buyer with at least $1.5 million in liquid funds and are open to offers that might involve liquidating the business for alternative property use. The location is ideal for automotive or storage-related ventures. The seller is willing to provide training to ensure a smooth transition.
Industry Information
- Industry Description:
- Marine Services
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 1960
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Available Separately
- Real Estate Price:
- $4,800,000 USD
Assets & Inventory
- FF&E Value:
- $350,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $500,000 USD
- Includes Inventory:
- No
Broker Contact
- Company:
- Vested Business Brokers, Ltd
Listing Details
- Listing ID:
- 68af65b2-f7ca-4718-baf3-f4a47efe46f0
- Source Listing ID:
- 2420099
- Deal Status:
- For Sale
- Last Updated:
- October 03, 2025
- Currency:
- USD