Looking for a buyer.
Float is a reputable, white-glove parts and service center serving one of the largest marine markets in the world. It exclusively works on large, premium and racing boats, which has proven to be a market that yields higher margins and is remarkably recession resistant over recent years. The Company provides a variety of services for its highly affluent clientele, including parts sales, repair and maintenance services, boat storage, and concierge transportation. Ownership Situation: The owner is seeking a complete or majority transaction as part of their longer-term retirement plans over the next two to three years. The owner expects to continue with the business for the foreseeable future and will collaboratively work with a prospective acquirer on the appropriate transition plan. The owner believes their continued involvement over the next two to three years with the succeeding owner will best assure the acquirer of continuity and further growth post-close. Investment Highlights: Recession resistant business with highly affluent clientele Preferred OEM and dealer relationships provide recurring revenue Record backlog levels giving visibility to continued business growth Multiple growth opportunities available to a new owner with ample physical footprint for organic growth Retain consignment sale opportunities that are currently turned away Low-hanging-fruit operational improvements Contact me at --@----.com to learn more!

listing type
exclusive representation
Business Services
Florida, USA
To download teaser or contact poster, please sign in.