MergerPlace

Freshwater Marine Construction

Washington (King)


  • Asking Price: $1,750,000
  • Gross Income: $2,264,000
  • Cash Flow: $404,000
  • Real Estate: Not Disclosed
  • Inventory: $25,500
  • FF&E: $400,000
  • Listing ID: #208482
  • Established: 1967
  • Employees: 7

Business Description

The Company builds docks, bulkheads and boathouses of exceptional quality with unsurpassed customer service and integrity. The Company has comprehensive capabilities to handle all aspects of the construction process. It primarily serves residential clients. The purchaser only needs basic construction knowledge.


Business Details

Primary Business Category: Construction - Building, Developing
Location: Washington
County: King

Company Information

Year Established: 1967
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7

Financial Information

Asking Price: $1,750,000
Gross Revenue: $2,264,000
Cash Flow: $404,000
FF&E: $400,000
Inventory: $25,500
Seller Financing Available: Yes

Property Information

Facilities:

The office is centrally located to the serving area and is leased. A storage yard, also leased, is located a short distance from the principal serving area.

Growth & expansion opportunities:

The fast growing wealth of lakeside residents has driven increased demand and larger job sizes. Ample opportunity exists to grow demand through expanded business relationships and new marketing methodologies. Certain competitors would be attractive acquisition candidates. Additional capacity requires only modest capital investment.

Competition:

There are two main competitors, neither of which possess superior capabilities. Smaller competitors have negligible impact.

Reason for selling:

Retirement

Support & Training:

The owner will train and transition according to the buyer’s requirements.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Eric Breidenbach

Business Team