Business for Sale in IPPLEPEN, Devon NICHE BOAT BUILDER

Key Information

Reference

MF35926N

Tenure

Leasehold, Relocatable - Nationally

Status

For Sale

Region

Devon

Sector

Boat Building Businesses

Annual Sales

£75,645.00 Exc. VAT

Accommodation

No

Business Information

Niche BOAT BUILDING/BOAT ASSEMBLY BUSINESS currently based SOUTH DEVON, close TOTNES and TORBAY, not location dependent and could be RE-LOCATED anywhere within the UIF. A valuable brand known throughout the world, more than 4,000 boats sold to date worldwide, offering a classic versatile easy to store and transport folding boat design, ideal as a tender or on their own, can be rowed, sailed or motored, receiving quality reviews from the yachting press.

Optional premises held on easy in easy out terms, approaching 1,500 square feet, part of very tidy secure and accessible business park occupying an attractive setting with ample parking. Very well organised and configured to provide production area offering several workstations associated with the assembly process, includes 4 jigs and huge array of tools, with additional varnishing room. Enjoys favourable overheads, rent £95 per week, and receives 100% business rate relief.

A renowned business with strong following, offering 3 model sizes, all produced using the same relatively straight forward manufacturing/assembly process with pre-cut panels bought in, no specialist skills required, a full training/handover package included. Operated on a lifestyle basis, offering flexible easy working hours, and can be operated by 1 person. Sales 2022 £75,645, Gross Profit £51,331, Net Profits approaching £40,000 to full time working owner. Scope to increase through proactive marketing and promotion.

Leasehold £52,500 sav Ref: MF35926N