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Marine Contractor, Multiple Revenue Streams! (37944) For Sale

Central East Coast of FL., Florida, US
Asking Price:
$575,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,300,000
Cash Flow:
$223,269

This Florida contractor provides marine construction for private and commercial projects on the central east coast. Specializing in design, engineering, permits, installation and repairs, the focus is on custom docks, seawalls, boat lifts, beach crossovers and more.

Using top of the line marine grade lumber and stainless-steel hardware, the business also offers upgraded features such as composite decking, wire rail systems, mooring solutions and dock accessories. This company prides itself on minimizing negative environmental impacts while offering upgraded options to customers.

As an authorized dealer for two boat lift manufacturers, the company offers a wide variety of boat lift options, everything from kayaks to large yachts. They also provide boat lift parts and maintenance service for all boat lift makes and models.

The company has a solid reputation. With an impeccable reputation, this company has several months’ worth of work already on the books. Highly scalable and with minimal competition, no current individual client contributes more than 10% of annual sales.

This debt-free business with income stability had Gross Sales of almost $1.3 Million for 2023, and a net income of $223,269. The office is home-based, so the new owner can set up in the single unit warehouse measuring 900 square feet.

A state GC or local Marine I/Marine II County license is required. The experienced team of twelve nonunion employees are likely to stay post-sale after a smooth transition. Besides their website and print media, promotional efforts rely on verbal referrals from a large and repeating customer base.

This is an opportunity with solid and stable performance in a desirable location. Enquire today!

Property Information

Real Estate:

Lease

Premises Details:

Inventory includes $10K plus project variables.

Size in square feet:
900+/-

Business Operation

Expansion Potential:

With operations being Home-Based, business can be fully Relocatable to set up in a unit warehouse of 900 square feet.

Reasons for selling:

Approaching retirement.

Trading hours:

Monday to Friday 7:30AM - 4PM.

Employees:
12 nonunion.
Years established:
2008

Other Information

Support & training:

Continued functions during a smooth Owner Transition of 6 to 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$150,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.