At Greenpoint Commerical we are pleased to bring this established and well respected Marine engineering business for sale
Established in 2019, this profitable marine engineering company has built a strong reputation for diesel engine diagnostics, repair and maintenance for yachts ranging between 10m and 50m. Based in Palma, widely recognised as the centre of yachting in the Mediterranean, the company benefits from direct access to STP shipyard and provides services across all major marinas on the island. With a loyal client base of 70–80 yachts, it is ideally positioned in one of Europe’s most important yachting hubs.
The company operates from a fully equipped workshop of more than 150 m² in Can Valero, fitted with a high-pressure air system, engine hoist and advanced diagnostic equipment for Volvo, Caterpillar, Cummins and Scania engines. With a bargain rent of only €1,200 per month and parking for up to five vans, the workshop offers excellent facilities at exceptionally low overheads.
A skilled and reliable team is already in place, consisting of three full-time mechanics and an experienced administrator. Between them, the staff speak English, German and Spanish, enabling the company to work seamlessly with its international clientele.
The sale includes around €40,000 worth of workshop equipment as well as three branded service vans (one 3 years old, two 8 years old) with a combined value of €30,000. The business is also fully insured up to €1.5 million.
With solid profits, low fixed costs and an established reputation, this is a rare opportunity to acquire a marine diesel engineering company servicing yachts from 10m to 50m in Palma, the heart of the Mediterranean yachting industry.
