Business Summary

Newtons Business Agents are delighted to offer to the market this highly regarded and well established marine wholesaler, retailer and specialist boatmaking company which is being sold very reluctantly for health reasons.
Poor health has meant that the business has not been able to perform to its full potential. A speedy sale is desirable.
There is high potential for the new owner who can focus on the business and exercise stringent cost controls.
Well positioned in Yorkshire, with easy access to the sea and to the motorway system, the company is highly accessible for its worldwide market. That said, it could be easily re-located.
The business operates in 2 sectors – Marine Supplies with a worldwide customer database – mostly on-line; and Specialist Boatmakers – supplying boats made for strength, flexibility and ease of access.
It supplies a wide variety of marine parts and is the only supplier of some specialist parts in the country

The present staff are highly experienced and will bring a huge amount of knowledge to the new business. We consider them to be a major asset in this purchase.
Contracts – the company continues to sign up significant contracts for its specialist boats.
The websites and marketing could be developed to bring more trade and further develop the business.
This superb opportunity will be suitable for someone who is keen to work on the good reputation already established but would also be suitable for investors.
The potential is enormous for this established and developing business
Annual Takings £496,000 (approx – with potential)
GP £188,000
For further information please contact Newtons Business Agents on 0800 331 7798

Property Details