Established Marine Services Business with Real Estate in Suffolk County, NY

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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

Long-standing, 65-year-old marine services business with a strong legacy.
Includes valuable FF&E and significant inventory, with optional 2-acre property available.
Prime location with high traffic and visibility, experiencing year-over-year sales growth.

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

Features & Tags

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