35+ Year Midwest Marine Sales & Service Company - $2.6M Rev
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35+ Year Midwest Marine Sales & Service Company - $2.6M Rev
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.
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.
About the Business
- Years in Operation
- 37
- Employees
- 15
- Facilities & Assets
- Established in 1989 as a pier installation and removal business, this longstanding family-owned company has grown into a full-service marine operation providing a comprehensive range of pier, dock and lift services, including sales, service and storage.
- Opportunities for Growth
- The company has several opportunities to increase revenue and expand its customer base. Increasing manpower would allow the business to capture lost revenue through currently declined service and repair work, while expanding marketing efforts through SEO, digital advertising, community sponsorships and targeted mailers could generate additional visibility and leads. Proactive seasonal maintenance reminders could encourage repeat business for spring installation, fall removal and winterization services. Additionally, showcasing transformation photos of completed pier and dock projects and developing referral partnerships with local marinas and realtors could strengthen the company’s online presence, generate referrals and attract new customers.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 4 weeks
Listing Info
- ID
- 2546734
- Listing Views
Listing ID: 2546734 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIndiana Businesses for SaleIndiana Retail Stores Businesses for SaleIndiana Marine Sales, Parts & Services Businesses for Sale
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