Seller's Contact Information
- RE: 60 Year Commercial Rigging, Marine & Distribution
- Contact: Michael Berry
Quick Facts
Asking Price: | $2,800,000 | |
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 |
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.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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