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Successful Leading Marine Upholstery Business In South West Mallorca For Sale

South West Mallorca, Mallorca, Spain
Asking Price:
€650,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€500K - €1M
Net Profit:
€100K - €250K

At Green Point Commerical we are excited to exclusively bring this very profitable Marine Upholstery business to the Market

Mallorca is one of the top yachting destinations in Europe, with over 10,000 registered boats, yachts, and Superyachts around the Island in the many Marinas that Mallorca has. The Marine business is one that grows from strength to strength every year here on the Island.

With over 4000 boats moored in Palma Bay itself there is a shortage of business for a whole host of companies looking to keep these boats in good condition

This business is perfect for those wanting to enter the Marine Industry without having a huge amount of technical knowledge. Full training will be given by the owner of up to a year if required to allow and smooth and easy transition

This company has been established over 20 years and specialises in providing Marine Upholstery, Covers and Awnings as well as updating and refreshing the interior of boats providing soft furnishings as well as Carpet and Flooring

The company is located on a central Industrial estate in a purpose-built facility with a wide range of machines to carry out tasks making a few custom-made cushions to the whole reform of a Superyacht, with a solid 12-month trade this is a fantastic business opportunity

The company has approximately 10 staff as well as a number of vehicles offering a true turnkey business for anyone with or without experience in the Marine Industry

The Turnover of the business is just short of €1m per year and had a great profit margin

This is a confidential listing so before we provide any additional info the owner has requested we get all potential buyers to complete an NDA as well as show proof of funds

Green Point Commercial Property S.C. is a fully licensed commercial property broker based in Mallorca and covers opportunities across the whole of Spain.

Our experienced staff, are here, not just to advise on buying a business but can help you with all aspects of purchase and relocation. With a network of Lawyers, Solicitors, Immigration Specialists and Accountants we can make the process go through as smoothly and efficiently as possible.

UK Buyers, we can arrange for a business visa which takes 3-4 months but will allow you to move to Spain post-Brexit with no issues.

Feel free to get in contact for a confidential discussion about this great opportunity and discuss your specific requirements for your next business acquisition.

Property Information

Real Estate:

Lease

Leasehold Rent:

€45,000 per annum

Location:

South West Mallorca

Premises Details:

Purpose-built facility approx 600 sqm

Business Operation

Employees:
10
Years established:
20

Other Information

Support & training:

Up to 12 months handover if required