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Marine Construction - Docks, Pilings, Site Work
Location: United States -> Massachusetts
Industry: Business Services > Construction




Business Summary

Established 20 years, Marine Construction company fabricates and installs private residential and commercial docks, piers, pilings, bulkheads, moorings and associated hardscape. Additionally it removes and stores, services and replaces floating docks seasonally. Capabilities include pile driving, helical anchors, carpentry, machine shop metal fabricating, mechanical repair, design and materials consulting. It maintains a fleet of work barges and boom equipment as well as serious heavy equipment and vehicles necessary to perform the work. Employs 15 persons. Three year revenue average $1,820,000. Revenue 2018, $2,031,000. Equivalent contracts-value in the pipeline for 2019 revenue projection.

Listed Price: $1,480,000
For more information, Please contact John Dirkmaat @ 978-697-8444


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,030,933
Cash Flow:   $387,881
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $790,336
Seller Financing:  No

About The Business

Year Established:  1999
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Will train for 8 weeks @ $0 cost.
Reason For Selling:  Retirement.

Photos

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Marine Construction - Docks, Pilings, Site Work Photo 1




Print Listing Id: 700333136
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Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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