35+ Year Midwest Marine Sales & Service Company - $2.6M Rev
Listing Number: 3953-641619
Listing Details
35+ Year Midwest Marine Sales & Service Company - $2.6M Rev
Price: $2,900,000
Location: Indiana
- Down Payment: --
- Sales: $2,627,000
- Seller's Discretionary Earnings: $475,000
- Inventory: $825,000
- Furniture, Fixtures, and Equipment: $335,000
- Employees: 15
- Year Established: 1989
- Reason for Selling: Retirement
For More Information About This Listing
Business Description
Established family-owned business offering a full range of marine services, with a focus on piers, docks and lifts. Services include sales, installation, service, removal and storage. They have built a widely trusted, strong community presence and have developed it into a thriving and profitable business with a three-year track record of growth across both the top and bottom lines. The company boasts an impressive 19% three-year average Adjusted EBITDA. All while establishing a business that has historically averaged 45% of revenue as service-based revenue and 55% of revenue as sales. A healthy balance of repeat business and new business. Primed for immediate growth for new owner with increased manpower.
Real Estate available via separate transaction.
Real Estate available via separate transaction.
