Hot Listing

Land and Marine Construction Business

Asking Price$1,075,000

Cash Flow
$128,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,471,300

Inventory$25,000
Not included in asking price
FF&E$650,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Land and Marine Construction Business


Asking Price$1,075,000

Cash Flow
$128,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,471,300

Inventory$25,000
Not included in asking price
FF&E$650,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Seller Anxious For A Deal
This established business is one of the few businesses in the gulf coast area that offers services in land development as well as marine construction. With the phenomenal growth the area is experiencing, this opens the door for many opportunities to serve a large customer base. The company currently offers consultancy and advisory services in addition to detailed design and installation engineering for all projects and services. They carry out specialist marine operations and offer a wide range of linear winches, barge with accommodation and specialist related marine equipment for hire. The uniqueness of the company is shown by their development of a number of novel engineering solutions to land and marine challenges, including the installation of marine anchors and piles for single point moorings. This is the main reason that the owner has decided to sell either 51 % of the company or 100% if a buyer decides to purchase the entire business. The equipment is paid in full and is in excellent condition. There are also several long term contracts with clients that would become ownership of the purchaser. This is a very clean business and is well organized and the staff definitely makes the customers and employees feel at home and part of a family. The owner has a passion for this business and has excellent sales and negotiation skills that result in jobs for the company. There are several long term jobs on the books currently and a qualified buyer will receive a list of those jobs. This is an excellent opportunity to own a growing company with a very high ceiling and keep the sales team in tack. The asking price for the entire turnkey business is $1,075,000.00.
About the Business
Years in Operation
3
Employees
10
Currently Relocatable
Yes
Facilities & Assets
The current office for the business is located in Fairhope, Alabama but the equipment usually moves from job to job. A full list of the equipment is available for a qualified buyer.
Market Outlook / Competition
The market condition for the business is currently outstanding since the entire service area is growing very rapidly. The gulf coast of Alabama is now the sixteenth fastest growing area in the entire country and the coast of Mississippi is also enjoying rapid growth. The company also does business in Pensacola Florida and has contractual agreements in place in Pensacola for current and future business.
Opportunities for Growth
Expansion possibilities are huge due to the market growth. The Alabama Gulf Coast area had over 8 million tourists in 2024 and retail expenditure was over $23 billion. There are approximately 7645 new residents each year to the area in addition to tourism growth. The Alabama Gulf Coast Area is currently the fastest growing area in the state of Alabama. The commitment from the government for more and better infra structure will also be essential to the growth of the business.
About the Sale
Seller Motivation
Family
Transition Support
The Seller is willing to offer whatever training and support that is needed by the new owner and the Seller would like to stay employed with the business and work in estimating, sales, and employee training.
Financing Options
Some owner financing possible with good credit and references.
Listing Info
ID
2378564
Listing Views
806

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Business Listed by: Randy Shurbet isellrestaurantsandbars.com

Listing ID: 2378564 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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