Awning Boat Reupholstery - 1424 Business Type: marine dealers & equipment,misc. retail/non-classifiable,marine repair parts & services
Acted as the Advisor to the Deal
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 |
Financing
$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.
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