Affiliated with Boat US, this business has been successfully towing and salvaging distressed watercraft, both insured and uninsured, since 1999. There is some seasonality, but this business is largely recession-proof. A slower economy and tighter loan requirements mean that both older boats operate on the lake, and families enjoy lake weekends instead of far away destinations.
There is also virtually no competition for towing services on the lake. Aside from the mainstream business, this company also does light water-borne repair work for other lakeside facilities mostly during low season when their boats are available. The owner will stay on after closing to train the new owner with 40 years worth of experience and while USCG and DOT licensing is in process.
This is an unequaled opportunity for this type of business. For more information, contact Jim Hall at 281-450-9701.
Asking Price: $300,000
Annual Sales: $303,734
Profit to Owner after all business expenses: $96,574
Year Established: 1999
Training/Support for Buyer: Seller will provide training
Reason For Selling: Pursue other interests
Facilities: 4 boat slips
Down Payment Options: Click here to see how you can use your 401K for down payment without early withdrawal penalty and no taxes being triggered.
For More Information email http://www.sunbelttexas.com/request-information.htm Client# 1268
Or Call: 281-440-5153
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