35 Year Midwest Marine Sales & Service Company
Not Disclosed, IN Not Disclosed
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- RE: 35 Year Midwest Marine Sales & Service Company
- Contact: Michael Berry
Quick Facts
| Asking Price: | $2,900,000 | |
| Annual Revenue: | $2,627,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $475,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $335,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 15 | |
| Employees: | 1,989 | |
| BBN Listing #: | 1016258 | |
| Broker Reference #: | 3953-641619 |
Business Overview:
35+ Year Midwest Marine Sales & Service Company - $2.6M Rev
Established family-owned business offering a full range of marine services, with a focus on piers, docks and lifts. Services include sales, installation, service, removal and storage. They have built a widely trusted, strong community presence and have developed it into a thriving and profitable business with a three-year track record of growth across both the top and bottom lines. The company boasts an impressive 19% three-year average Adjusted EBITDA. All while establishing a business that has historically averaged 45% of revenue as service-based revenue and 55% of revenue as sales. A healthy balance of repeat business and new business. Primed for immediate growth for new owner with increased manpower.
Real Estate available via separate transaction.
Contact the Seller:
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Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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