Big Growth in Small Marine Construction! (37779)

Financial & Assets Details

About the Business

Business Description

Accepting Offers due to Rapid Growth! With more than $250,000 recorded in the books for the next 2021 quarter alone, this fantastic opportunity experienced a 60% Gross increase over last few years while achieving an Owner’s Profit of 30%! The company specializes in the marine construction of docks, boat houses, seawalls and docks, as well as bank stabilization, waterfront cleanout, and general maintenances to its surrounding area. A reliable personnel of five nonunion employees agree to remain post-sale, running streamlined operations. Open to strategy optimizations for further growth, an ambitious ownership could double the crew and easily triple sales and focus on larger projects or more commercial work. With included Inventory and negotiable Accounts Receivables, current ownership transitioning negotiable of one year. While $2 Million are already lined up for the next two years, Revenues for 2020 reached $369,141 alongside Discretionary Earnings of $136,257 and Adjusted EBITDA values of $101,897. Besides maintaining a website and using Houz or Google sites to advertise, word of mouth referrals from its large and rotating customer base have led to a natural rise in local popularity. Opened in 2008, company carries an A rating from the BBB since June 2020 thanks to its high online ratings and quality services to both Residential (95%) and Commercial (5%) clientele. Currently leased at $1,000 per month, their home-based headquarters in Central Florida allows business to be completely relocatable, saving the buyer significant amounts of overhead cost. Currently has $4,000,000 in contract bids (not yet signed) out to potential clients. Call today for more information!

Seller Financing

Negotiable up to 20% for the right buyer.

Support & Training

Negotiable Owner Transition period of 1 year.

Reason for Selling:

Approaching retirement and/or pursuing other interests.