Profitable Marine Service with High Net Worth Clientele
This business has been sold. The listing is no longer available. Browse similar businesses.
$1,600,000
SBA prequalified
A lender has already reviewed this business for SBA financing.
Established 10+ years
A track record buyers and lenders tend to trust.
About this business
A highly profitable, seasonal marine service business with a loyal, high-net-worth customer base. This long-standing company specializes in dock and boat lift services, generating significant cash flow in just four months. It's a turnkey operation with strong vendor relationships and a great reputation. Ideal for a mechanically inclined owner-operator seeking a flexible schedule. Learn more about this unique opportunity.
The numbers
How the asking price compares with what the business brings in each year.
- Asking price$1,600,000
- Annual Revenue$829,878
- 1.9×
- Price to revenue
- Approx. Inventory Value
- $340,000
- Approximate FF&E
- $100,000
Details
- 1975
- Established · 51 yrs
- 3
- Employees
- Marine Service
- Business type
- Leased
- Premises
Financing & transition
- Seller financing
- No
- Training after the sale
- No
Property & lease
- Premises
- Leased
- Lease Renewable
- No
- Lease Negotiable
- No
Where it is · Minnesota
Somewhere in Minnesota. The exact address is not on this listing.
Ad#:1047
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