Marine Construction -Docks, Pilings, Site Work

Business
  • Listing# : 14866
  • Listed Price : $1,480,000
  • Total Sales : $2,030,933
  • SIC : 1629
  • Down Payment : $1,480,000
  • Status : Active
  • Discretionary Earnings : $387,881

Business Type :

Construction / Contractor Marine; Engineering / Engineering Construction; Marine Related / Marine Contractor

Business Description :

Established 20 years, Marine Construction company fabricates and installs private residential and commercial docks, piers, pilings, bulkheads, moorings and associated hardscape. Additionally it removes and stores, services and replaces floating docks seasonally. Capabilities include pile driving, helical anchors, carpentry, machine shop metal fabricating, mechanical repair, design and materials consulting. It maintains a fleet of work barges and boom equipment as well as serious heavy equipment and vehicles necessary to perform the work. Employs 15 persons. Three year revenue average $1,820,000. Revenue 2018, $2,031,000. Equivalent contracts-value in the pipeline for 2019 revenue projection.  

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $105,000
    • Incl : Yes
    • FF&E $790,336
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $790,336
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Construction, Engineering, Marine Related