Sold:Marine Engineering Outboard Sales & Services Business

United Kingdom
2nd February 2018

Marine Engineering Outboard Sales & Services Business

£65,000 (+ Stock at Valuation) UK - Isle of Wight (Cowes)
Business Type: Marine Engineering

Business:

Kevin Mole Outboards

Ref No:

FPM67601

Location:

UK - Isle of Wight (Cowes)

Guide Price:

£65,000 (+ Stock at Valuation)

Marine Engineering Business for Sale - Business Overview

Marine engineering business for sale. Kevin Mole Outboards is based in Cowes, the spiritual home of the yachting industry in the UK. Established in 1994 the business carries the name of its owner Kevin Mole, who is a highly regarded individual in marine outboard engines, having been employed in the sector since 1976. Kevin’s experience and knowledge is second to none particularly regarding recent advances and emerging product development in outboard technologies.

Dealerships are held with Yamaha, Suzuki and Torqeedo engines and Service Agent status for a variety of other brands including Mercury and Tohatsu. The Yamaha relationship is a key highlight of the business with Kevin Mole Outboards having recently moved to new premises in order to work closely with Yamaha to set up a new European Yamaha Service Centre concept

This marine engineering business for sale is centered upon the sale, installation, routine service and parts supply of outboard engines which importantly includes performance diagnostics and fix support. Kevin Mole Outboards successfully provides product supply and technical support for a number of professional sailing teams and high profile private clients both local and in some cases based overseas. This is an area where high quality customer care and service engagement is demanded and is where the business excels. Other clients include the UK Government, RNLI, trade customers and from the leisure marine sector in general.

This business represents an opportunity for a private buyer or could be the ideal add-on to an existing marine business. Any buyer would most likely require a background in engineering / marine outboards and be ‘hands-on’ in the workshop day to day.

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Financial Summary

To protect the business owner's commercial interests financial trading information will only be provided to interested parties upon completion of the Agent's Registration & Confidentiality Agreement.

Turnover:

On Application

Cost of Sales:

On Application

Gross Profit:

On Application

Gross Profit Margin:

On Application

Operating Expenses:

On Application

Adjusted Operating Profit:

On Application

Property Particulars

Property Type:

Modern Industrial Unit - Offices / Store / Workshop

Tenure:

Commercial Lease

Building Size:

Circa 1938 sq ft (180m2)

Annual Rent:

On Application

Seller Contact Information

This opportunity is offered exclusively for sale by First Peninsula Marine and no direct approach should be made to view the business. To protect the business owner’s commercial interests full details are only available to buyers that have completed the Agent's Registration & Confidentiality Agreement. Please contact the following for further details:

Name:

First Peninsula Marine

Email:

Send a message

Phone:

0333 987 3122

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