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Old 06-06-2022, 08:26   #1
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Rigging Business in Saint Petersburg Florida

I started this small business in 1996. I havenít had any success in finding an apprentice that is able or willing to commit. I am looking for a motivated person of ANY nationality that would be interested in acquiring a small business that will demand a lot of hard work and provide an honest reliable living.
Currently the business consists of myself, my wife and one other rigger. All of us are in our mid sixties and are childless.
I am very open to creative financing and my main objective is to see the business continue operating.
This is a sort of hail-Mary, last ditch effort before liquidation, so I am motivated.
I will speak to seriously interested parties via phone or email.

Please reply only if youíre serious.
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Old 06-06-2022, 21:51   #2
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Re: Rigging Business in Saint Petersburg Florida

Not looking to buy, but I have a lot of respect for people doing hands-on work, especially in trades that are slowly becoming more rare. Honest hard work is respectable and will provide.

I wish all of you good luck and hopefully you'll find a good person to take over your business.
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Old 06-06-2022, 22:30   #3
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Re: Rigging Business in Saint Petersburg Florida

Would it make sense to approach any trade schools?
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Old 07-06-2022, 16:35   #4
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Re: Rigging Business in Saint Petersburg Florida

A friend of mine just shut down his sail loft, maybe a year back now.
Could not find anyone to apprentice to take over, anyone to buy the business......nothing. Nobody. Shutdown and sold machines /inventory.
I dare say after a while you will likely be in the same position and do the same thing.
The days of folks being happy to work are pretty much over. Those of us that do....are super stupid crazy busy.....the rest just sit on their asses, much easier.

I wish it were not so, but it's just the way of things.

Best of luck.
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Old 07-06-2022, 17:00   #5
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Re: Rigging Business in Saint Petersburg Florida

I hate to be that jerk, but do you need a new customer right now? LOL.

I’m guessing that is the last thing you need, but I’ve been needing a rigger.

I think you might find someone through here though. It was a good idea to post this.

I’m looking for a business to buy right now too, but unfortunately not this type, as I don’t have the skill set.
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Old 08-06-2022, 04:33   #6
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Re: Rigging Business in Saint Petersburg Florida

I was just in your shop yesterday for the first time and you showed me how to do a splice. I hate to hear your shutting down but sure understand. I told my wife you are the kind of guy I like to do business with. Good luck with your search.
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Old 08-06-2022, 04:49   #7
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Re: Rigging Business in Saint Petersburg Florida

You may want to try contacting a business broker, such as Sunbelt or others that work with small businesses. Also, maybe try informing south Florida marine surveyors. A third option would be to contact local boat yards. It would get the word out and worse case you might find a buyer for your equipment. Good luck!
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Old 08-06-2022, 06:03   #8
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Re: Rigging Business in Saint Petersburg Florida

What is your contact number / email?
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Old 08-06-2022, 06:51   #9
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Re: Rigging Business in Saint Petersburg Florida

Congratulations on running an important business and your impending retirement. Have you spoken with Curt at Keys Rigging. He took over that business several years ago and is a valued member of the Marathon community. We had an issue right before we left and he took great care of us. We heard the same from many others. Maybe he will be open to expanding his business??
Good luck and hope you find the right person to carry on the tradition!
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Old 30-06-2022, 08:37   #10
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Re: Rigging Business in Saint Petersburg Florida

This is just to update anyone interested in the outcome of my little dilemma. The business has been sold and I am really grateful to be able to say that the new owners are going to continue to operate in the same location.
Iíve known Chris, one of the two new owners for a couple of years and I know him to be a hardworking, knowledgeable rigger who above all is an honest and straightforward man.
Bob, the other owner is someone I just met and someone who impressed me from the first moment. He has been a small business owner in this area for decades and has a stellar reputation.
They both have delightful and supportive families that Iíve had the pleasure of meeting.

In a very short period of time SSMR, Inc. has undergone a long overdue transformation and has become something young and reinvigorated.
Iím pleased to introduce Holdfast Rigging.
Chris and Bob are answers to prayers. I believe in them. I recommend them. And I wish them every success!

Please take a minute to visit their website. (they have a great one compared to what I had). They have promised me that they will maintain the ďCruiser Friendlyď atmosphere and attitude that made me so many friends over the years so look them up when you come to town.

https://holdfastfla.com/?fbclid=IwAR...hDkgsp0lqD4VnM
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Old 30-06-2022, 08:46   #11
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Re: Rigging Business in Saint Petersburg Florida

Thatís awesome. Congratulations. Iíll check them out.
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Old 30-06-2022, 08:53   #12
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Re: Rigging Business in Saint Petersburg Florida

Congratulations! I need some rigging hopefully pretty soon. As soon as the actual spar is up and in place. I need a lot of running rigging.

I will pay them a visit.

Also, if anyone here has a business that they are looking to sell, I am looking to buy. Prefer a medium size business that is not just a flavor of the month. Not looking for glamorous and sexy. But looking for a midsize $3 million-$5 million business.

I have had exposure to a lot of industries working in a similar capacity to the big three consulting firms. So I’m a quick study on any particular industry.

Don’t be afraid to send a private message to me if you are considering retiring and/or going cruising. I would be very interested in continuing the business in your spirit without making a lot of changes to it.

This is real and I have financial backers for this.
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Old 08-07-2022, 06:11   #13
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Re: Rigging Business in Saint Petersburg Florida

Thank you Steve Smith for the very kind words and allow us; Chris Mulone and Bob Wingate to introduce ourselves to CF. We look forward to continuing the outstanding reputation and work that Steve and Andrew have done the past 25 years. Both Steve and Andrew will continue to lend there extensive knowledge and talents here at Hold Fast Rigging for years to come and we look forward to a bright future here in Florida.
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Old 08-07-2022, 06:50   #14
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Re: Rigging Business in Saint Petersburg Florida

I'm glad this story has a happy ending. if there's a moral, it's NETWORK, NETWORK, NETWORK.
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