"WE KEEP BOATING AFFORDABLE"
Best selection used boat gear and sails in the West
Our C.P.A. has helped us arrive at an asking price for this unique and unusual marine business. His multiplier of 8 times an average of 3 years profits came out at close to 1.5 million dollars. If we cut the retail price of our 2 million dollar inventory in half (pretty close to our cost) we come up with another million dollars which gives us about 2.5 million. We feel the Minney name which has been synonymous with sailing and yachting for nearing 100 years, not to mention the good will created from the operation of Minney's Yacht Surplus (formerly Minney's Ship Chandlery) for the past 55 years, is worth another million dollars. Add all that together and we come up with 3.5 million dollars. With the above in view, we have set the asking price for Minneys Yacht Surplus @
$3 million U.S. Dollars
Monday through Saturday 9:00 to 5:00
Sunday 10 to 4
Closed major holidays
Address: 1500 Newport Blvd.
Costa Mesa, Calif. 92627
Web Site: minneysyachtsurplus.com
Directions: 55 Fwy south till it ends. Continue about one mile to Industrial Way (traffic light) make left to front of store.
4-10-2018 Minney's Yacht Surplus is being offered FOR SALE. Minneys is the leading yacht surplus dealer in the
USA. Family owned for over 50 years, AAA customer rating, strong internet exposure, boating industry go-to for disposing of marine manufacturer's overstock, an ideal business to franchise? For more information e-mail firstname.lastname@example.org Attractive sales packet with tax returns of '17-'16-'15 included, is available...