Southwest Florida Marine Contractor Business

Not Disclosed, FL Not Disclosed

SW Florida

Asking Price: $2,500,000

Annual Revenue: $5,687,761

Automotive & Boats: Marine Repair, Retail, Parts & Service

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Southwest Florida Marine Contractor Business

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RE: Southwest Florida Marine Contractor Business
Contact: Dave Williams

Quick Facts

	Asking Price:	$2,500,000
	Annual Revenue:	$5,687,761
	Net Profit:	Not Disclosed
	Cash Flow:	$516,279
	Total Debt:	Not Disclosed
	FF&E:	$900,000
	Real Estate:	Not Disclosed
	Year Established:	1992
	Employees:	37
	BBN Listing #:	74731062
	Broker Reference #:	90407189

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Business Overview:

A Southwest Florida based business that has been serving the area for 31 years; providing custom installation of boat docks. The recent hurricane has brought an exceptional increase in business demands. There have been over 800 requests for estimates and their estimator is booked solid for the next 6 months; business is increasing daily with no end in sight. Presently, the pipeline of signed contracts and deposits is $5,600,000 with a wait time of 14 months. They are averaging 6 new contracts a week and growing; most being non-storm related! They anticipate enough work for years to come. The real estate can be leased for 24 months @ $4,000 per month, w/ an option to purchase for $900,000. After the initial 24 months’ rent will be at market rate for the remainder of the 10-year lease. First Half of 2023 recasted P&L w/leased real estate, no taxes or insurance to you for 24 months, has a SDE of $551,268. SELLER SAYS ALL PRICES HAVE INCREASED 25% SHORTLY BEFORE THE HURRICANE!

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Property Features and Assets:

Sq Ft: 4,800, Building Type: Industrial, Terms & Options: 2-4 year option, Expiration Date: 6/30/25 Inventory: $300,000 included in list price

Reason for Selling:

Retirement

Additional Details:

The property is owned.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is not a franchise resale opportunity

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