Business Overview:
The predominant Marine Construction Company in a growing waterfront metropolitan market. Profitable and well established, the company has successfully completed many of the prime marine projects in the area for decades. Well respected and highly regarded, the company works on all sizes of residential and commercial marine tasks utilizing their vast experience and skilled workforce to complete jobs on time. Their business has increased primarily due to the referrals of their existing clients.
Services offered include new construction or repair of docks, bulkheads, boat lifts, seawalls, piers, pile driving, foundation and boat houses. Working closely with each client, the business handles all aspects of every project from consultation, permitting, designing and building the marine structure. The company is a licensed Class A contractor that meets and exceeds all insurance, bonding and certification specifications. The real estate associated with the business operation is optionally available for sale.
The company has realized exponential growth in the past three years. Its expertise is in high demand. Revenues are achieved with minimal marketing. Business has been limited only by the owner’s discretion of which proposals for the company’s services to accept.
For an existing marine construction company, this is a great strategic acquisition opportunity to immediately purchase a predominant established marine construction company to capitalize on its long term goodwill, reputation and client base. Upon proper qualification of the potential acquirer, including the customary exchange of financial information and confidentiality agreements, a detailed Confidential Prospectus will be provided. All inquiries will be held in strictest confidence.
Purchase Price: $2,395,000.
Gross Revenues: $4,565,096.
Cash Flow: $ 672,495.
Furniture, fixture and equipment: $495,000.
Real Estate: $80,000 (Not included in asking price).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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