Reference # : CGLA – 00146
Asking Price:$299,000
Cash Flow:$115,484
Gross Revenue:$356,706
EBITDA:$46,743
FF&E:$13,000
Inventory:$143,787
Established:2004
Business Description
Money making boat dock installation business that has been serving the mid-south for more than 12 years.
This business sells and installs patented, modular, drive-on boat docks.
This is an enjoyable business to own and offers time freedom and the ability to work at your own pace. This is a great business for people who enjoy being around the water; lakes, rivers, bayous, the Gulf, anywhere that boats are used.
Business may be relocated anywhere in its exclusive territory; the South Central US from the Alabama/ Florida line to Houston, TX.
This product; patented, modular, floating cubes, when built together creating a drive-on dock, is the perfect way to store a boat or jet ski. These docks are the preferred choice of people living on the water.
The business has a website that collects more than 1,500 qualified leads per year. In addition, this sale comes complete with all tools, inventory needed for a complete turn-key business. A work truck is included in the sale!
The current owner has built a great business during the past 12 years and now wants to sell in order to pursue other interests.
In 2015 the business reported income of $356,706 with EBITDA of $46,743. In addition to showing a profit of $34,631 for 2015 more money is realized for the owner when taking into account owner discretionary income, benefits and expenses.
This business is perfect for someone who wishes to work at their own pace, who wants to work near and “on the water” and who does not want to manage a lot of complicated systems or processes. Low overhead and only 1 part-time employee makes this business highly desirable.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Owned
- Building Sq. Ft.:
- 2,500
- Employees:
- 1 part time
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Business utilizes a 2,500 square foot warehouse to store inventory, tools and supplies. Any building or storage unit may be used that is approximately this size.
- Competition:
- This business represents the largest dealer of drive-on boat docks in the country and has been in business for decades
- Growth & Expansion:
- Current owner has expanded the business during the past 12 years but now wants to pursue other business interests. A new owner can take advantage of the systems, processes and positive customer reviews that are now in place to expand throughout the mid-South.
- Financing:
- Yes
- Support & Training:
- Owner will train for up to 30 days and will be available to answer calls for up to 60 days.
- Reason for Selling:
- Pursuing other interests
