Marine Construction Co. with Real Estate in SW Florida
Business Description
Marine Contracting company established for 27 years. The Company is highly profitable and has a contractual backlog of $18,000,000 and FF&E market-valued at $6,000,000. Loose inventory is valued at $500,000. It has crews and managers in place and serves municipalities, commercial clients, and residential clients. The Company is located in southwest Florida and serves southwest Florida and the surrounding area. The Company provides heavy civil and commercial marine services including shoreline revetment and restoration, marina development and construction, and dredging operations. The Company also provides construction of seawalls, retaining walls, customized boat docks, marinas, ports, boardwalks, and bridges. The Company is well known for its attention to quality, safety, timeliness, and professionalism. It has an outstanding reputation and solid referral base. A General Contractor, Building Contractor, or Marine Contractor license is needed. The Seller will qualify the business for a period of time. There is considerable opportunity for growth.
There are several owned real estate parcels including an equipment yard, waterfront property, and a commercial office building totaling $4,600,000 in value. The $7,750,000 offering price includes one parcel (the equipment yard) valued at $850,000. The other parcels are negotiable for purchase and or rent and are market-valued at $2,750,000 for the waterfront property and $1,000,000 for the commercial office building.
THE LISTED REVENUE, CASH-FLOW, and ADJUSTED EDITDA ARE BASED ON A 5-YEAR AVERAGE. 2025 is projected to end with robust financial results. The company maintains CPA-reviewed financial statements.
The transaction requires a minimum 40% equity contribution. The Seller is willing to consider a 10% Seller Note. The structure will not include an earn-out component. Working capital is negotiable.
Please complete and return attached NDA along with Proof of Funds (required). Thank you.
There are several owned real estate parcels including an equipment yard, waterfront property, and a commercial office building totaling $4,600,000 in value. The $7,750,000 offering price includes one parcel (the equipment yard) valued at $850,000. The other parcels are negotiable for purchase and or rent and are market-valued at $2,750,000 for the waterfront property and $1,000,000 for the commercial office building.
THE LISTED REVENUE, CASH-FLOW, and ADJUSTED EDITDA ARE BASED ON A 5-YEAR AVERAGE. 2025 is projected to end with robust financial results. The company maintains CPA-reviewed financial statements.
The transaction requires a minimum 40% equity contribution. The Seller is willing to consider a 10% Seller Note. The structure will not include an earn-out component. Working capital is negotiable.
Please complete and return attached NDA along with Proof of Funds (required). Thank you.
About the Business
- Years in Operation
- 27
- Employees
- 85
- Facilities & Assets
- There are several owned real estate parcels including an equipment yard, waterfront property, and a commercial office building totaling $4,600,000. The $7,750,000 offering price includes one parcel (equipment yard) valued at $850,000. This parcel offers 2.7 acres of land with 2,400 square feet of warehousing. The other parcels are negotiable for purchase and or rent and are market-valued at $2,750,000 for the waterfront property and $1,000,000 for the commercial office building. The market value of the FF&E is $6,000,000. Backlog is $18,000,000.
- Opportunities for Growth
- This business offers growth opportunities.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,400
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Negotiable.
Listing Info
- ID
- 2214202
- Listing Views
- 3158
Attached DocumentsAttachment Disclaimer
Listing ID: 2214202 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.
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