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#Business ID: 14595

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25 Year Old Fiberglass Boat / Yacht Repair Business & Property, Lake Texoma, TX

Business Location: Lake Texoma, Grayson, Texas, United States

Asking Price: BUSINESS SOLD Revenue: $ 100k to 250k Cash Flow: $ 0 to 100k

[Furniture / Fixtures and Inventory / Stock included]
[Real Estate Included]

Business Summary

After 25 years of success, Reedy Marine Fiberglass is up for sale. Located on Highport Rd. heading towards the prestigious Highport Marina, this business has captured fiberglass repair business from wave runners to luxurious yachts for 25 years. This business currently has many dedicated customers because of the quality of the work that Reedy Marine has established since 1990.

This business is located at 161 Highport Rd., Pottsboro, TX and has 3 large bays totaling 60 x 60 with central heat / air, an office, and a conference room sitting on almost 3 roadside acres just a mile from the lake. Behind the main structure is a fenced barb-wired security lot for overnight parking approx. 1 acre in size.

Also included is the next door lot with an established Spray Car and Truck Wash business where the profits alone pay the existing mortgage. The 3 bay spray wash building was built big enough to accommodate tractor trailer size customers. This property also offers 2 self-service coin operated vacuums.

The property also comes with one more roadside empty lot with existing power and water for any other small business that you care to add.

Location, Location, Location. You cannot get to Highport Marina without passing the well-lit signs advertising this business. The property will only increase in value as the area expands, just as an investment property it is well worth the investment.

The Pottsboro / Lake Texoma Peninsula area is a fast growing area with the plans of additional marina’s and hotels expanding all around the area. Plans for new resorts and golf courses are currently in the works and property values are showing signs of soaring.
The fiberglass repair business comes with everything you need to take over. All the tools including compressors, grinding, sanding, 4 yard arms, and paint sprayers, all come as part of the package. There is also a van advertising the business that comes with the business.

The 60 x 60 building has 3 large bays to perform work functions along with a huge conference room, separate private office and bathroom. The business is currently using Quick Books and is loaded with the current client list. The office comes with all furniture, computers, sign cutting machine, T-Shirt press and everything but personal items. Just walk in and take it over.

The land, business, and property asking $700k, negotiable. The following are current images around the property.

Property Details

Size:

60 x 60 building

Years Established:

25

Property Type:

Real

Other Business Details

Business Location:

Pottsboro, TX (Lake Texoma) is on a well traveled road to a main marina located on a peninsula on Lake Texoma in North Texas / Southern OK

Premise Details:

2.23 acres includes 60 x 60 building, 3 bays plus offices. Profitable coin operated spray wash on site and one empty lot.

Competition:

3 or 4 small fiberglass repair companies but nothing with this reputation.

Business Operation Details

Employees:

2

Support & Training:

6 months

Miscellaneous Details

Reason For Selling:

Retiring

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