Manufacturer of floating docks, platforms, and other structures.
Seller Financing Available
Asking Price:   Not DisclosedInventory:   $400,000 ++
Gross Revenue:   $4,291,000Real Estate:   n/a
Cash Flow:   $1,067,000 (comments below)FF&E:   $900,000 ++
++ included in the asking price         ** not included in the asking price
Cash Flow Comments: REBITA
With projects completed in 17 states, this manufacturing business specializes in the floating dock market in five general areas: commercial marina projects; residential docks; wave attenuators; pump intake platforms and other types of floating platforms; and redesign, repair, refurbishment and re-floating of structures. Most americans live by or enjoy time around lakes, rivers, or open bodies of water. Whether it is a new project or the repair and refurbishment of an existing one this business can custom manufacture whatever the customer needs.
About the Business
Employees:18 full time -
Facilities:The business operates from a 2,500 square foot office and a 16,000 square foot manufacturing facility that were custom designed by the owners to meet exact requirements of the business. The facility features a three ton and six ton overhead crane, a metal fabrication shop, and ample space for expansion should the need arise
Market Outlook and Competition:The business has a diversified, long-standing and recurring customer base of over 30 commercial accounts and government agencies, as well as non-recurring projects. Projects have been completed in 17 states. The owners have intentionally kept the business at a limited and manageable growth rate that aligned with their personal and family interests. Most business has come by referral from satisfied customers. A cold call program should be reinstituted as part of a sales and marketing strategy from a new owner to drive growth.
About the Sale
Management Training and Support:Yes
Reason For Selling:Retirement and family interests.
Seller Financing:Negotiable

KEYWORDS: Manufacture, docks, marina, midwest, oklahoma, floating


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Business Listed By
John Johnson  |  Bluestem Resources Affiliated Group, LLC
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