Marine Services Business for Sale in Portsmouth Hampshire
Portsmouth, Hampshire
- Status
FOR SALE
- Advert ID
640163
- Reference
FPM67731 / Rightbiz
- Call Agent:
- Leasehold: £60,000 (Stock at valuation)
- Turnover: On request
- Profit: On request
Key Features
- Accounts Available
- Established Business
- Attractive Business
- Small Business
Business Details
Marine Services Business for Sale in Portsmouth
A well-established marine services business located in the Portsmouth area is now available for sale due to the owner's retirement. With over 20 years of successful operation, the business is based in a marina and benefits from full boatyard facilities. The asking price is £60,000 plus stock at valuation, with flexibility for negotiation.
Financially, the business is consistently profitable, generating an annual turnover in the range of £280,000 to £320,000. It maintains excellent accounting records and historical financial information. The operation is multifaceted, offering varied revenue streams and engaging work, including marine engineering, rigging, maintenance and chandlery and it enjoys a strong current order book with ongoing projects from neighbouring businesses.
The business has cultivated excellent trade relationships with suppliers and holds profitable dealership agreements. It also boasts a large and loyal customer base, supported by well-maintained records and a strong reputation within the marine industry.
This opportunity is best suited to an owner-operator looking to step into a thriving business with solid foundations and growth potential, or an existing business seeking such an acquisition. The seller is open to negotiation on price and stock and will provide training to ensure a smooth transition of ownership.
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
