Full-Service Marine Repair and Equipment Installation Business

Other / Unclassified
Anne Arundel County, MD
Asking Price:
$2,800,000.00
The total price the seller is asking for the business.
Listing Image

Business Overview

Positioned along Maryland's vibrant coastal market, this marine repair and equipment business delivers comprehensive services for sailboats, powerboats, and yachts, including large vessels. Established in 2010, it has cultivated a loyal client base among boaters, dealers, and marina operators, underscored by high repeat business and trusted industry relationships. The company’s offerings range from boat refits and specialized carpentry to advanced electronics installations such as radar and GPS systems, addressing a broad spectrum of marine maintenance and enhancement needs. Situated in a prosperous county with a strong boating community and solid local economy, the enterprise offers strong cash flow indicative of operational efficiency and consistent seasonal demand. This environment supports opportunities for growth and expansion within a market that values quality craftsmanship and technological expertise. The business benefits from established procedures and reputation, providing a foundation for a motivated owner-operator or experienced marine professional to further enhance and capitalize on its strategic positioning.

Facilities & Infrastructure

  • Leased building equipped for large boat repairs
  • Tools and specialized equipment for full-service sailboat, powerboat, and yacht maintenance
  • Capabilities designed to accommodate very large vessels

Property Highlights

  • Facility supports diverse marine repair and equipment installation needs
  • Layout and tooling enable handling of large yachts and commercial-sized boats

Key Business Facts

Cash Flow
$775,000
Net profit before taxes + owner’s salary + interest + depreciation. Shows total money available.
Gross Revenue
$4,200,000.00
Total annual business income before deducting expenses
EBITDA
N/A
Earnings before interest, taxes, depreciation, and amortization.
FF&E
N/A
Furniture, fixtures, and equipment included in the sale (e.g., desks, kitchenware, machinery).
Year Established 2010
Employees N/A
Inventory
Included in asking price
Value of unsold products, materials, or merchandise. If blank, the seller didn’t provide it.
Rent
N/A
Figures presented are seller-provided or estimates and are not audited. Buyer to verify all information during diligence.

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Market Insights

Demographics (County)

Population Growth (5y) 4.09%
U.S. Avg. +4.1%
Median Household Income $120,324
U.S. Avg. $74,600
Median Age 39.00
U.S. Avg. 38.9
Bachelor’s Degree+ 45.24%
U.S. Avg. 38%

Economy

State GDP $420,558M
U.S. Avg. $28.8T
GDP YoY 1.91%
U.S. Avg. +2.4%
Unemployment 1.93%
U.S. Avg. 3.9%

Crime & Safety

Violent Crime / 100k 445
U.S. Avg. 380
Property Crime / 100k 2173
U.S. Avg. 1950
Note No safety note available
U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, FBI Crime Data Explorer.

Growth & Expansion

  • Industry with ongoing demand and potential for service line diversification
  • Opportunity to increase capacity leveraging established client relationships and local boating market

Operation & Support

  • Owner support and initial training available for transition
  • All necessary marine service licenses and permits maintained
  • Leased facility with no real estate ownership complexity
  • Reason for sale involves owner reducing engagement without impacting business value

Lifestyle Fit

  • Ideal for hands-on operators with marine repair expertise
  • Estimated owner involvement: Active Owner-Operator (Estimated 40+ hours/week)
  • Role requires daily operational management and technical oversight
  • Established systems offer structured workflow but benefit from personal engagement

Process & Next Steps

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Information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.

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