"WE KEEP BOATING AFFORDABLE"
Best selection used boat gear and sails in the West
BUY-SELL-TRADE
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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 6-1-2018-All offers over $2 million seriously considered... |
Business hours Monday through Saturday 9:00 to 5:00 Sunday 10 to 4 Closed major holidays Address: 1500 Newport Blvd. Costa Mesa, Calif. 92627 E-Mail: minneys@aol.com Web Site: minneysyachtsurplus.com Phone: 949-548-4192 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 capnernie1@aol.com Attractive sales packet with tax returns of '17-'16-'15 included, is available... Our neighbors have made it pretty much impossible to hold our annual marine swap meet this year. Some are now open on Sundays, one insisted that I pay him $1000.00 for items missing from his property last year, neighbors complain of noise very early in the morning, etc. Ernie Minney |
Drums removed from all winches, gears, springs and palls inspected, lightly lubricated and all speeds tested before shipping. May be returned for full refund if not satisfied with condition. Return shipping charges to be split 50-50.
Hundreds good used propellers, modest mark-up on our paints and supplies-great buys on electronics-good selection port lights and 100's of new 1st quality hatches-dealer for Lofrans anchor windlasses, small diesel engines-100's sheet winches and blocks. Minney's is a gold-mine of boat gear at affordable prices...
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