7.7 / 10
 Palma

Reliable & trustworthy company for seventeen years with a loyal client base.

Key Business Facts
Yearly Sales USD 740 thousand
EBIDTA Margin 9 %
Industries Marine Shops
Locations  Palma
Business Overview
- Engaged in the sale of maintenance and upkeep products for superyachts and boats.
- Possess exclusive sole European distribution rights for an innovative, environmentally friendly, solvent-free paint coating.
- Sell about 70,000 to 80,000 lbs of this coating each year.
- Also sell other maintenance products to superyachts and luxury yachts.
- Have an extensive and loyal client base with strong recurring revenue visibility as the coating paints have to be reapplied every 3 years.
- 200+ yachts use our surface protection and maintenance products.
- We sell the paint but have partnered with 1 British and 4 Spanish professional paint companies who apply our coatings and execute orders.
- Have sold coatings for 90 yachts in the last 3 years alone.
- Also sell marine pumps and engineering spare parts for yachts and boats.
- Revenue has dropped significantly due to the Covid-19 pandemic and is expected to recover gradually.
- We are the supplier of all kinds of spare parts for all types of yachts and we receive a lot of orders.
Products & Services Overview
We supply every conceivable item/product required for the upkeep and maintenance of of a luxury yacht. Our product portfolio includes surface protection paints and coatings for marine use, marine pumps, and engineering spare parts for yachts and boats.
Capitalization Overview
Funded through continual sales. Only debts are monthly outgoings to suppliers which are settled promptly. 2 shareholders with the shareholding held within the family.
Assets Overview
The legal entity, business bank accounts and licenses, inventory, and 3 mobile vans, stock, vehicles, and computers.
Full Sale
Asking Price: USD 750 thousand (Native Currency: EUR 695,000)
Reason: The promoter intends to retire. The valuation is done by professionals.
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business