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
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.
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.
- 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
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