Industry Leader Dredging & Custom Dock Builder

Not Disclosed, NC
Iredell County

Metro Area

Asking Price: Annual Revenue:
$2,600,000 $2,952,880

Services: Construction, Contractors

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RE: Industry Leader Dredging & Custom Dock Builder Broker: Joe Vagnone
Owner Financing is Available!
The seller would consider some financing for the right, qualified buyer.

Quick Facts

Asking Price: $2,600,000
Annual Revenue: $2,952,880
Net Profit: Not Disclosed
Cash Flow: $710,656
Total Debt: Not Disclosed
FF&E: $1,232,150
Real Estate: Not Disclosed
Year Established: 1976
Employees: 16
BBN Listing #: 15586351
Broker Reference #: DOCK1

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Business Overview:

This owner-operated business is the industry leader in its market, located in the heart of one of the fastest growing areas in the USA. This 44-year-old business is the one-stop shop for area developers, municipalities and residential boaters. Current services include:

• Marina & dock construction
• Bathymetric Computerized analysis of shoals
• Dredging for Industrial and Marine Clients of the Carolinas
• Regulatory permitting
• Design & construction services for high-end residential & commercial waterfronts

Servicing the growing resort, marine and industrial markets of the Southeast, this business distinguishes itself on the value it brings to customers: creativity, innovation, honesty, and fairness, and stands out with experience in underwater mapping, only offered by a very few companies.

This business is established and deeply rooted in the local community with decades in business, ideal for the innovative buyer that would want to live and work on the water in a booming market. More detailed information is available – please inquire today!

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Property Features and Assets:

The business is operated in a stand-alone building, with 6,000 Square Feet of leased office & warehouse space. Not included in the sale – but can be discussed with the seller: The seller owns approximately 2.5 acres of the 5-acre property, currently occupied.

Market Competition and Expansion:

There are several small dock-building competitors in the local market, however, this business is the trend-setting market leader and provides the most complete compliment of services. The company has been most successful selling on value rather than price. Key to its success has been creativity, innovation, honesty and fairness.

Reason for Selling:

Seller is retiring and pursuing other interests..

Additional Details:

  • The property is leased.
  • The owner is 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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