*SALE PENDING* This marine contracting company has been established for 26 years. The Company is highly profitable and has a contractual backlog exceeding $19,500,000 and FF&E market-valued at $6,000,000. Loose inventory is valued at $500,000. It has crews and managers in place and serves municipalities, commercial clients, and residential clients. The Company is located in southwest Florida and serves southwest Florida and the surrounding area. The Company provides heavy civil and commercial marine services including shoreline revetment and restoration, marina development and construction, and dredging operations. The Company also provides construction of seawalls, retaining walls, customized boat docks, marinas, ports, boardwalks, and bridges. The Company is well known for its attention to quality, safety, timeliness, and professionalism. It has an outstanding reputation and solid referral base. A General Contractor, Building Contractor, or Marine Contractor license is needed. The Seller will qualify the business for a period of time. There is considerable opportunity for growth.

There are several owned real estate parcels including an equipment yard, waterfront property, and a commercial office building totaling $4,500,000 in value. The $8,250,000 offering price includes one parcel (the equipment yard) valued at $750,000. The other parcels are negotiable for purchase and or rent and are market-valued at $2,750,000 for the waterfront property and $1,000,000 for the commercial office building.

2024 has record revenue of $13,900,000 and SDE of $2,900,000. THE LISTED REVENUE, CASH-FLOW, and EDITDA ARE BASED ON A 5-YEAR AVERAGE.

Please contact the broker for the NDA.