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This Business has been Sold!
Closing Date: 03/14/2019
Business for Sale Summary

Awning Boat Reupholstery - 1424

Business Type: marine dealers & equipment,misc. retail/non-classifiable,marine repair parts & services
Awning Boat  Reupholstery
On March 14th 2019, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $150,000
Gross Revenues $420,000 Lease Remaining Register Free to View
Owner’s Cash Flow $84,195 Number of FT Employees Register Free to View


$150,000 Down and $150,000 @7% over 120mos.

Business Description

Unique niche business serving Long Island and New York City in upholstery and canvas replacements for automobiles, boats, awnings, and furniture. A look at the business will reveal 5 bays generally occupied by classic cars to be restored with new carpets, leather or vinyl seats etc. Outside the yard will be occupied with several boats of all sizes where the original canvas and seat cushions and other vinyl components will be replaced and restored like new to their original beauty. Upstairs there is a cutting room that preps all the material to be installed by the in house technicians.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.