great video, that 47 is f'ing awesome!

Here it is... 250K

http://www.bizbuysell.com/Business-A...mpaign=htmlbot


Asking Price: $250,000
Gross Income: N/A
Cash Flow: N/A
Year Established: N/A
Types: Transportation Equipment
Marine Repair, Parts & Services
Business Description
Although not currently building boats, the assets of Saber Marine
are available for purchase. Saber Marine boats are recognized
among boating enthusiasts for their award winning classic
designs, use of superior materials, and expert craftsmanship. A
buyer may choose to acquire the assets and/or partner with the
owner on re-building the company. Presently the owner
services/repairs boats of all makes and would consider
discussions related to sharing in that business as well.

Detailed Information
Facilities: List of Assets: Molds - Asset Value: $170,000, Replacement Value: $230,000, Fiberglass Equipment- Asset Value: $4,000, Market Value: $12,000, Shop Equipment- Asset Value: $17,500, Replacement Value: $23,500, Power Tools - Asset Value: $3,500, Replacement Value: $6,000 Painting Tools- Asset Value: $2,350, Replacement Value: $3,300, Other Tools- Asset Value: $3,250, Replacement Value: $5,400, Office Equipment - Asset Value: $200, Replacement Value: $400, New Inventory Supplies - Asset Value: $25,000, Replacement Value: $31,000
Financing: Seller is willing to provide financing to qualified buyers.
Support/Training: The current owner would be willing to stay on in some capacity if desired

Hmm.

I seems a little crazy that one of the products you build cost twice as much as the asking price of the company that built it.

That is one of the odd things about the marine industry. One of your product costing more than the entire company's assets applies to most large shipyards and yacht builders as well.

It comes down to the static cost of what it costs a company to produce their product (in this case the hull) and the additional costs to complete the hull into a running craft (motors, rigging, interiors, trailer ect.)

The expences add up as fast as a gas pump taking your money

That is a crazy amount of money to pay for redo. Sucker born every minute. You can find a nice boat for a lot less money and if you buy one right you won't loose as much. That's what I meant to say. But wouldn't buy a Baja or some other less famous brands for that kind of money.

SXM I understand your point , but having owned a number of offshore boats from 30 to 43 feet even if you do most of the work yourself there is no inexpensive way to enjoy one . Normally one sells their offshore for less than they have invested . This sport is not about investment but playing on the water.
Rick G.

That statement should be cast in bronze. LOL!

Just saw this the other day and it made me laugh....doesnt apply to all, but funny non the less.

The definition of a powerboater;
Someone who spends money they dont have
On something they dont need
To impress people they dont know!

Hahahahaha.....