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Listing Id: 33804 Last Refreshed: 07/11/2024 Total Views: 3 Broker Ref: 21899.1

Boat Building Service and Repair Business in Thriving Hervey Bay

Maryborough, QueenslandTransportation and Storage
Asking Price: $450,000
Business For Takeover
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Overview

  • Premise Type N/A
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  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
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  • Owner Role N/A
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  • Source Broker

Reason For Sale

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Description

Hervey Bay is recognized as Australia's whale watching capital Australia and is located adjacent to world heritage listed Fraser Island.

Hervey Bay is experiencing rapid population growth, enhancing its appeal as a commercial and tourism hotspot. The local demographic and population trends indicate a burgeoning market with increasing demand for marine services and products.

The Great Sandy Straits Marina is located on the Northern end of Urangan harbour in Hervey Bay. There are 176 berths which cater for the 8 metres to 30 metre vessels and where this established two-decade old business operates. This revered boat building and service repair business is strategically situated in the bustling Hervey Bay Marina precinct.

The business boasts an extensive portfolio of services, including custom boat building, services, repairs, insurance work to comprehensive renovations.

The business generates an impressive annual turnover of approximately $650,000, further bolstered by the sale of specialty marine services. The business also builds and sells its own boats, offering a 4.5 m Tri-Hull (with centre or side console or tiller options) and a 7.3 m Power Catamaran.

The dedicated team, (including the owner who oversees and does back end admin and some quoting) comprises a further five professionals with the 2IC a Certified Registered Marie Boat Construction member, ensuring operational excellence and customer satisfaction.

The mariner facilities include toilets, showers, and a laundry. The marina has an exclusive, marina members only, car park. There are restaurants and cafes within the harbour as well as souvenir and other shops.

This opportunity is ideal for a dynamic duo seeking a sea change to the rapidly expanding Hervey Bay region, known for its exceptional lifestyle and boating culture. With significant growth prospects, this business is competitively priced representing a rare chance to steer a reputable establishment in a prime location towards even greater success.

Asking $450,000 + SAV
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