Marine Electronics and Boat Servicing Business for Sale in Paynesville. Volvo Penta Dealership.
Vendor is ready for retirement and is motivated to SELL! Make an offer as vendors are keen to negotiate a package for a potential purchaser.
$150,000 plus stock plus equipment. Let's make a deal.
Paynesville is a tourist/holiday resort town in the Gippsland region of Victoria. An affluent community of both residents and holiday makers, and home to thousands of boats. The town is located 293 kilometres by road, east of the state capital, Melbourne. It is known as the boating capital of Victoria. Paynesville boasts beautiful canals surrounded by the Gippsland Lakes. This makes it the best location to have a marine/service business. Customers come from all over Gippsland to get their boat serviced or upgraded by this business. Customer base is large including both private owners and commercial vessels such as water police and coast guard.
Current vendor has been in this business for 15 years and is ready to retire. Comes fully equipped and set up for all servicing needs with qualified staff (mechanics and auto/marine electricians). This business is the preferred supplier and installer for most major brands to supply its growing customer base. Business is also the authorised Volvo Penta agency.
Location is right across from the Gippsland Ports which gives this business the edge over any other competitors with access to hardstand and wet berths for repairs of larger vessels. Business average turn over has been over $1.1M over the last 3 years. This year business has grown and is improving month on month.
For more information or to arrange a private inspection please contact Senior Business Broker Petros Margaritis on 0416 000 154.