Sold

Details

Project Marine

OPPORTUNITY

Leasehold retail marine chandlery store (circa 2700 sq feet)
Dealers for Mercury & Honda outboards and Torqeedo and Temo electric outboards
Sail loft for sail repairs
Rigging service catering for dinghy and keelboat sailors
Garmin approved UK service dealer
Boatyard service availability
On-line sales portal for all products.

KEY HIGHLIGHTS

Long established business trading from leasehold premises
Potential to remain in premises (external landlord consent required)
Sail loft equipped with modern long arm sewing machines
Experienced riggers, well versed in working with a wide variety of wire and rope systems
Current shop stock circa £250,000 at cost
Further financial Information available on receipt of NDA
Headline turnover circa £750k with gross margin 28%
Five staff members may be available to any acquiror

Viewing Details

EXPRESSIONS OF INTEREST
Interested parties will be required to sign a nondisclosure agreement (NDA) before further information is provided.
Expressions of interest and offers are required by 12 noon on 10 January 2024 together with proof of funding with completion as soon as possible thereafter.

Please email [email protected] to request an NDA

Please Download Notice of Sale for further information

Location

Newcastle upon Tyne

Status

Sold

Method

Business for Sale

Bidding ends

Ref

Project Marine

Category

Business & Trading Assets

Call +44 (0)345 130 3332 to request a viewing