Request More Information Contact the Seller
- 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 |
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!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
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
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information