Description
Established 25 years ago, this premier, full-service marine repair, restoration, and boat storage specialist serves the central Lakes Region of New Hampshire and the coast of New England. The business has built a reputation as an industry authority, creating a strong market with a loyal repeat customer base and B2B partnerships with leading regional marinas.
Core Revenue Streams:
- Fiberglass & Custom Paint (65% of Revenue): Comprehensive structural renewal, gelcoat repair, custom painting, and interior carpentry.
- Indoor & Outdoor Boat Storage (20% of Revenue): High-margin recurring income from seasonal storage contracts.
- Mechanical Services (15% of Revenue): Diagnostics, engine maintenance, and propulsion repairs.
Turnkey Operations & Experienced Team: The operation is supported by skilled, long-tenured technicians covering structural work, paint/finishing, and mechanics, providing seamless continuity for new ownership.
Asking Price: $610,000 (Business Only)
Real Estate Price: $1,500,000 (Available with Business)
Total Asking Price: $2,110,000 (Business + Real Estate)
2025 Revenue: $963,029
2025 Cash Flow / SDE: $291,000
FF&E: TBD (Included)
Inventory: TBD (at cost, not included in base asking price)
Facility & Real Estate Details: Over 26,000 SF of space across 3 parcels (~5.50 total acres).
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- 4,600 SF Main Garage / Workshop
- 15,800 SF Warehouse / Storage Structure
- 6,000 SF Indoor Boat Storage Facility
Growth Opportunities
- Onsite Land Expansion: Utilize the ~5.5-acre property to build additional indoor storage units to meet regional demand.
- Service Integration: Capitalize on increased storage capacity to drive additional mechanical, detailing, and winterization revenues.
- Regional Marketing Push: Direct marketing expansion into high-density surrounding lakes.
Competition / Market Position: This business captures and retains business through its high level of service and skilled work. There are very few competitors able to fulfill this type of work as quickly as they can.
Support & Training: The owner is committed to ensuring a smooth transition and will offer reasonable training and operational hand-off support to the buyer (exact terms to be negotiated).
Reason for Selling: Semi-Retirement
To Receive the Confidential Package on this business with real estate, please complete the attached NDA and email to info@firststreetbb.com or fax back to us at 603-501-3241. The location noted on the map is incorrect due to the high level of confidentiality.
The Broker of record for the real estate is Aland Commercial at 603-501-0463.