Boat Lift Manufacturer and Distributor for sale

Boat lift manufacturer and distributor for sale

S-6372

Located in Midwestern U.S.

 

Asking Price: $4.2 million                                         Gross Revenue: $5.2 million

Years in Business: 30+                                              Adjusted Avg. EBITDA:  $880,000

# of employees: 20 

 

Type of Sale: Asset or stock sale

 

Business Description:

 

This well-established company includes one facility for boat lift manufacturing, and two facilities that assemble, distribute, install, and service boat lifts. The company’s boat lift is trademark protected and has an excellent reputation for quality, durability, and dependability.

 

Detailed Information

Market:

Company serves one of the nation’s largest lakes with an estimated 25,000 boat docks and more than 75,000 boat slips. Boat lifts are also sold in several surrounding states.

 

Growth/Expansion Opportunities:

  • Create national sales and distribution network
  • Expand market awareness through advertising in marine industry publications
  • Develop relationships with additional marinas
  • Increase visibility at marine trade shows

 

Ideal Buyer Requirements:  Solid business and marketing skills, familiarity with boating culture, and a commitment to continuing high quality manufacturing processes and service

 

Terms:                        Asset or stock sale; terms to be negotiated.

 

Support/Training:     Ownership and key managers are open to transitioning and consulting new ownership.

 

Reason Selling:          Retirement

 

Listed By:                   David Driscoll – Metro Business Advisors, LLC

DDriscoll@MetroBusinessAdvisors.com

 

Ready to learn more? Please complete Metro's Buyer Registration and Confidentiality Agreement

2 Comments

  1. Vince Johnson on August 8, 2018 at 9:57 am

    Dave-

    I have a client that may be interested in this sale.

    Vince Johnson

    • Chris Spenner on October 16, 2018 at 10:30 am

      I just saw this, do you still have interest? I would like to set up a call.

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