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Superyacht Coatings Business For Sale

Palma, Mallorca, Spain
Asking Price:
€125,000
Turnover:
€1M - €5M
Net Profit:
€100K - €250K

This business has not operated for 4 years due to ill health. The last year it operated it turned over 1.2 million Euros. The business focuses on hydro blasting and sand blasting and post curing services with a lot of scope to expand. Very cheap storage and office on the industrial estate. I have over 40 years in the super yacht industry and I have a lot of contacts. I would like to stay involved and help with my contacts and sales. The price involves all equipment including a hydro blaster cost me 45,000 euros but needs a good service. Hasn't run for 4 years. Also computer controlled post curing equipment ( one 25,000 Euro contract recently asked for in Ireland) Would suit a younger person to develop. I am 70 years old and can no longer travel so much. The company is suspended at the moment but can easily be restarted

Property Information

Real Estate:

Lease

Location:

Palma industrial estate

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

retiring and health

Years established:
10

Other Information

Inventory / Stock value:
€85,000
Website:
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