Established Boatyard Boatbuilding And Refitting Business In Nelson For Sale

Business description

Interested in boats and nautical matters? This is more than a business, for the right operator it is the chance to acquire the perfect lifestyle choice. Established for over 35 years, Dickson Marine undertakes new builds, local and international refits, and runs a 50 tonne travel lift and hardstand operation. The large freehold site has all necessary consents to water–blast, spray paint, and run the haul out operation, giving it a huge advantage over any competitors.

Nelson has a large marina operating at maximum capacity, and there is clear potential to offer increased boat storage on the hard. Nelson is also a significant fishing port, and commercial vessels provide a continuing source of work for this business. The company has undertaken a number of substantial refits for overseas yachts, and there is potential for significant expansion of this work.

The business owns a magnificent 5,500 m2 site, strategically located in the marina and with enormous long term development potential. Adjacent vacant land is being developed by the Council for marina based activities, and will soon be available to entrepreneurs. Planned developments in this area, including potential for changes in zoning, will clearly generate a rapid increase in local business activity, adding to the value of this site. The current owners recognize that the business could be developed further, with construction of a vessel-sized paint booth being an obvious opportunity, but they have owned the business for more than a decade and wish to pursue other opportunities in Christchurch.

The business has essentially two components, the first being boat building, refitting and repairs, and this sector is currently exceeding a budgeted return to capital of $150,000 this year. The second activity is boat haul-out and storage, with a budgeted return to capital in excess of $105,000 this year. Both sectors have considerable potential to expand, with the recently-enlarged site and steadily increasing workload. These figures include full costs of management and assume a non-working owner. An owner-operator could potentially increase these figures significantly through improved efficiency and reduced management costs.

Owners will consider selling business only for approximately $900,000, plus providing an option for future purchase of land and buildings, or alternatively the entire package could be yours for $3.6m.

Property information

Real Estate:

Real Property Included

Lease terms:

Can be negotiable

Location:

Nelson Marina, New Zealand

Premises details:

Freehold site 5500 m2, with 50t Travelift and hardstand, a main workshop able to contain two large vessels at 24 m length, and an extensive range of boatbuilding equipment.

Planning consent:

Resource Consents are held for all required industrial activities

Business Operation

Expansion potential:

Steadily expanding workload, with scope for development on this site

Competition / Market:

This is the largest and best equipped boatyard in the South Island

Employees:

20 +

Years established:

1975

Other information

Related documents:

• 
• Document

Lease asking price:

$900,000