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Boat Building Business in Cullompton Devon - Custom RIBs, Relocatable, Growth Potential

Cullompton, Devon
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  • Status

    FOR SALE

  • Date Submitted:

    01/06/23

  • Advert ID

    514120

  • Reference

    MSX35787N / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £130,000
  • Turnover: £60,000 (£1,154 Per week)
  • Net Profit: Not Applicable

Business Details

BOAT BUILDING



Niche BOAT BUILDING BUSINESS, specialising in custom built RIB'S (Rigid Inflatable Boats), currently based SOUTH WEST (Devon/Cornwall), can be RE-LOCATED anywhere within UK, with clients serviced and boats supplied throughout the UK and abroad.

Only requires workshop premises able to accommodate boats up to 10m, albeit the majority of boats produced ranging between 5m and 7m. Sale includes valuable boat, console, seat, and locker moulds commanding a substantial 6 figure replacement cost.

Established 1989, offering a range of RIB's for a variety of activities, both leisure and commercial, typical prices £24,000-£85,000 depending on size, specification and interior fittingsplus engine of up to 600 BHP, undertaking 3 'out of season' builds each year, fully registered with British Marine as a UK manufacturer, a quality product with all builds still in service.

A business offering considerable further potential, operated on a lifestyle basis, new build enquiries received via word of mouth/recommendation and website, previously attending boat shows which could easily be re-introduced. Income 2022 approx. £60,000, full handover available.

Price £130,000 sav Ref: MSX35787N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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