San Juan Islands Transportation Business

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Marketed at Asset Value - Six figure income and goodwill included for free
Asking Price:
$1,495,000

Gross Revenue:
$300,000
Cash Flow:
$200,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

This 35-year-old marine transport company offers a tremendous life style / retirement opportunity, or strategic opportunity for an existing marine oriented company to increase their operational foot print. The business provides marine transport charter services to the San Juan Islands operating from a unique owned marina location which includes a private boat launch and commercial condo space. The offering provides a unique opportunity to acquire attractive assets in the Puget Sound region that will continue to appreciate into the future while providing cash flow in the meantime. From building materials and heavy equipment, to transporting film crews and special events, the company has the ability and expertise to transport items the Washington state ferry system doesn’t and delivers to areas the ferry system can’t. The specialized transporter gives the company the ability to deliver to a boat ramp or beach and has a weight capacity of up to 100,000 pounds. The company is presented at approximate asset value which includes the office facility, boat launch / slip, transporter, and other assets.

The lead business broker at IBA for this company is Mike Luitgaarden. Mr. Luitgaarden can be contacted directly at (425) 454-3052 or mikel@ibainc.com.

About the Business

Real Estate:
Owned
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About the Sale

Training/Support:
The seller will provide an appropriate amount of transition training/consulting to smoothly facilitate the transfer of ownership of the business.

Listing Info

ID:
1590322
Ad Detail Views:
0

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U.S. Census Data for Skagit County, WA
Age

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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Skagit County, WA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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