799 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$799,000
Revenue$526,000 EstablishedUndisclosed
Cash Flow$251,000 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedYes
* Included in Asking Price
Covering the Pacific North West, the business is involved in performing marine surveys, providing consulting, and other related services of commercial vessels, pleasure craft vessels, and marine structures. The company has provided its services to clients as far as Asia, the east coast of North America, and in Africa.

The business' clients include individual boat owners, yacht owners, law firms, insurance companies, and governments. The simple efficient business model, stellar reputation, and a 70% repeat and referral clientele makes it a consistently profitable service business enterprise without the need for capital re-investment within the business.

This is a desirable, well-recognized, and respected service provider in the industry. The vendor is looking to slow down the involvement of the business in exchange for a semi-retirement lifestyle while being prepared to remain involved in the business to ensure the proper transfer of all relationships and to a lesser extent beyond such transfer.

The ideal purchaser could be a synergistic or strategic acquirer, or an individual looking to enter the field with ‘built-in' mentoring and guidance.

Type of Sale:‌ Share Sale

Inclusions in Asking Price:‌ Operational Balance Sheet Inclusive of Furniture, Fixtures, and Equipment; Goodwill; and Normal Net Working Capital of $72,000

Business Asking Price:‌ $799,000

Price Justification:
- 3-Year Weighted SDE:‌ 2.34
- Most Recent Year SDE:‌ 2.33
- Proj. SDE‌ Multiple Based on Status Quo:‌ 2.29
- 3-Year Weighted EBITDA:‌ 3.20
- Most Recent Year EBITDA: 3.19
- Proj. EBITDA‌ Multiple Based on Status Quo: 3.13
- Weighted = (2018 @ 20%; 2019 @ 75%; and 2020 @ 5%) the reflected asking price
Competition:There are only a few qualified competitors.
Growth Potential:Growth opportunities and expansion potential available in a confidential marketing summary, please contact us for more information.
Training/Support:Vendor will provide an agreed period of training and transition to the new owner.
Ad #114115
Seller Reference #VANCOBC002-N510
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Pino Bacinello
(604) 696-6111
Name
Email Address
Message