Facebook Twitter Linked in Glen Cooper's Blog
Twitter Business Alerts
Energy Products Fabricator business for sale. Price reduced to $475K. Sales $675K. Cash flow $170K. http://goo.gl/pTpc
Featured Opportunities
Landmark Diner
Eclectic restaurant opportunity in busy location.Food Manufacturing Business
Growing wholesale business with a niche market!Wireless Telecommunications Co.
High-tech, high growth communications engineering company!
Marine Construction – Docks Plus
Financials
Asking Price of Business: $325,000
Included in the Asking Price:
- Furniture, Fixtures & Equipment: $275,000
- Inventory: $10,000
Cash Flow: $110,000
Annual Sales: $325,000
Summary Description
This well organized and successful marine construction business is located in one Maine’s most scenic and popular coastal areas. The business has a broad client base and a long track record of sales growth. It utilizes subcontractors rather than employees. Its excellent reputation combined with the attractiveness and growth of the region presents outstanding growth potential for a new owner. The business serves residential and commercial clients. Its services include new dock system construction, moorings, repairs, and related seasonal work. This is a unique opportunity to blend creative skills and environmental sensitivity in a rewarding business with excellent investment potential. It has the added benefit of extended “time off” in the winter months.
General Information
Year Established: 1990
Employees: 1 plus regular subcontractors
The business occupies approximately 1,200 SF of space with a 12-foot by 12-foot overhead door - plenty of room to handle increased sales.
Market Outlook
Competition & MarketThe company serves an exceptionally beautiful area of Maine with a well-educated and affluent population. The local communities have families with higher disposable incomes, who own more than one residence, and appreciate aesthetically designed dock systems. The few local competitors do not have as dominant a track record as this business.
Growth & Expansion:
The business is located in a growing area. Even though it is dominant in its market, there is still plenty of room for growth. Its superior reputation for honest, high quality work creates a unique opportunity for market share increases in its core business. An Internet presence and a more aggressive marketing program could greatly increase sales. The current location of the business has enough work space to accommodate a large increase in sales.
About the Sale
Financing:
- Bank/Seller Financing: $175,000
- Working Capital Needed: $15,000
Support/Training: Seller will provide transition training for a new owner.
Reason for Sale: Retirement
Contact Information
Lee Edwards
Maine Business Brokers Network
Phone: 207-775-1957
Lee@MaineBusinessBrokers.com
Before we can provide you with more information about our listings we need your agreement to confidentiality and your registration with us as a potential buyer. If you are not yet registered with us, please follow the link below to the Registration page. If you are already registered with us, follow the link to the inquiry page or contact the broker with whom you have been working.
Registration
Already Registered? Click here...
“Maine Business Brokers' professionalism, honesty and sense of humor were all appreciated.”
Bob Hartnett
Owner, Hartnett House Map Publishers
