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Hampshire-Based Marine Business Specialising in Sail Production and Repair for Sale"

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Sailing Sail Loft Canvas Products supply servicing Marine Business for sale in Hampshire Photo 1
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Sailing Sail Loft Canvas Products supply servicing Marine Business for sale in Hampshire
  • Status

    FOR SALE

  • Date Submitted:

    22/01/24

  • Advert ID

    605418

  • Reference

    FPM67634 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £75,000 (Stock at valuation)
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Established Business
  • Accounts Available
  • Offers Invited
  • Small Business

Business Details

Sailing Sail Loft Canvas Products supply servicing Marine Business for sale in Hampshire

First established in 1978 and under current ownership since 2003, this sail and canvas business is located on the central south coast of England and specialises in the production, supply, servicing and repair of yacht and dinghy sails, manufacturing of canvas products and vessel upholstery.

The diverse range of items manufactured include boat covers, sail bags, sprayhoods, bimini covers and non-marine bespoke commissions. It also provides specialist sails and repair services to the windsurfing and kitesurfing communities.

The business is owned and operated by a family partnership with no additional staff to consider. It occupies separate premises in two locations, the sail loft building which is secured by a rolling annual lease and an unmanned drop-off and collections office situated at a prestigious marina a short drive away. Also in close proximity are other marinas, boatyards and sailing clubs, which together with private individuals and other businesses makes up a loyal client base.

The business has a history of consistent turnover and strong profits but currently trades only 4 days per week from Monday to Thursday and therefore has the potential to expand even further.

Now for sale due to the intended retirement of senior family members, this opportunity will be attractive to private buyers and to the trade as an expansion into a key leisure marine location. All handover support and training will be provided to ensure a successful transition of ownership.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Sailing Sail Loft Canvas Products supply servicing Marine Business for sale in Hampshire - FPM67634 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.