60+ Year Commercial Rigging, Marine & Distribution

Not Disclosed, NA


Asking Price: Annual Revenue:
$3,900,000 $8,616,000

Wholesale/Distribution: Durable Goods


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RE: 60+ Year Commercial Rigging, Marine & Distribution Broker: Michael Berry

Quick Facts

Asking Price: $3,900,000
Annual Revenue: $8,616,000
Net Profit: Not Disclosed
Cash Flow: $677,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 1958
Employees: 28
BBN Listing #: 436241635
Broker Reference #: 3953-812966

Email or Print Listing

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Business Overview:

This distribution company has a diverse number of clients because of all the services it offers combined with all the industries that demand their services. Having been in business for over 60 years, the company has built a solid reputation for delivering quality products with extraordinary service. The company fills hundreds of orders on a quarterly basis serving the following industries: Marine, Construction, Industrial, Government, Commercial and Search & Rescue/First Responders. They have a seasoned staff that is highly skilled and cross-trained to work in different departments per demand. Post-Covid they have seen bottom-line improved efficiencies and top-line growth has returned. The revenue stream is diversified from a customer and product perspective. This company is primed for growth opportunities including adding additional product lines, distribution expansion, and online sales.
60+ Year Old Company with Stellar Reputation. One of the leaders in Marine and Commercial Rigging
Improved Overhead Efficiency, Experienced Staff and Team, Market Leader with Diverse Revenue Stream
Growth opportunities are vast and simple. Add online capabilities, Add Product lines, Pursuit of new industries

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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.

Relevant Links:

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