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Asking Price$12,500,000
Revenue$12,027,706 Established1992
Cash Flow$1,972,375 Employees80 full-time
FF&E$4,500,000* FranchiseNo
Inventory$200,000* RelocatableNo
Real Estate$3,500,000* Home-basedNo
* Included in Asking Price
This award-winning marine contracting business has been in operation since 1992 and specializes in commercial and residential marine construction and repairs throughout Florida. The business’ wheel house includes: Seawalls, docks (fixed & floating), boat lifts, boardwalks, mechanical dredging, sheet pile of all types, riprap, and structural pilings installation. Traditionally the breakdown of operations has been approximately 45% commercial, 40% residential and 15% dredge. The last few years have provided tremendous room for expansion in the residential markets with solid growth potential in the commercial & dredge markets due to Florida’s rapid growth. The business is located waterside and has an operations building, equipment yard and shop for easy access to dispatch to the necessary project sites. With a 3-year average SDE of $1,972,375, this business is ideal for a contractor to take over and move this business to the next level! Don’t miss out on this great opportunity!
Facilities:Real Estate is valued at $3,500,000 which includes a waterside lot, office space, equipment yard, and shop.
Training/Support:Seller will provide 14 days of familiarization to the new buyer at no cost.
Sale Reason:Retirement
Ad #127096
Seller Reference #8003-42566
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Contact This Seller
Richard Green
Green & Co Business Brokers
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