Asking Price: $800,000

Gross Revenue: $3,000,000

Cash Flow: $227,000

Inventory: $200,000 (Included in Asking Price)

FF&E: $142,000 (Included in Asking Price)

Seller Financing: Seller may consider 10% note for a strong buyer.

The continued growth of this marine service, repair and storage business in the Puget Sound area serves as a strong indicator of the value inherent in this opportunity. If you have management capabilities and are looking to exit the corporate world, complement an existing marine business or upgrade your earning capability please investigate this offering. Prospective buyers are required to provide a confidentiality agreement and a financial statement.

Year Established: 1986

Employees: 23 full time -

Facilities: The business is located on leased facilities at one of the most desirable marinas in the Puget Sound area.

Market Outlook and Competition: The business offers a complete range of integrated marine repair and maintenance services and boat storage. Their reputation for excellent work, a strong customer base and strategic dealership agreements make this opportunity very attractive. The development and growth in the area translates to increased revenues for this foreseeable future.

Management Training and Support: Seller is committed to an orderly transition and will train for a thirty day period.

Reason For Selling: Entrepreneurial owner is looking for the next opportunity.