Asking Price: $48,000

Gross Revenue: $45,290

Gross Revenue Comments: This company is run part-time

Cash Flow: $7,016

Cash Flow Comments: See broker for details

FF&E: $20,000 (Included in Asking Price)

Seller Financing: Seller will consider seller financing to the right buyer.

This marine construction company located in SE Wisconsin minutes from Milwaukee and just over an hour from Chicago and is situated near numerous area lakes. They have been providing area lake homeowners with quality seasonal and new pier, boatlift, and shoreline service for the past 12 years. This is a growing business industry that tends to be recession resistant due to the high net worth of the majority of their clientele. They offer seasonal spring pier & boatlift installation along with fall removal, as well as building new piers and installing boulder shorelines during the summer months. Their company owns and operates a barge which they haul to many area lakes to complete their contracted work. The use of the barge allows them to access the lakefront without using the customers’ land, which is important when hauling materials so they do not do any damage to their property. This company is currently and has always been run part time because the owner has a full time job which makes this a great opportunity for someone to grow this business into a full-time year-round business.

Year Established: 1996

Employees: 4 part time

Relocatable: Yes

Home Based: Yes

Market Outlook and Competition: This company does no marketing and relies on the word of mouth from satisfied customers. Due to the limited hours the owner has available to work because of his primary career he often has to turn away requests for his services, which is a great indication of the possible growth this company could see immediately. Great company reputation and has immediate opportunities for growth and become a full-time career for the new owner. There are numerous lakes on the area the this company already services and could expand service on with limited effort. As well as new lakes which their services could be promoted on to help expand their service area. The busy has practically all repeat customers because of the need for seasonal installation and removal of customers piers & boatlifts. They could easily promote the new construction of piers and seawalls during the summer months which will only grow our customer database for seasonal installs and removals. There are so many lakefront properties in the area which allows others marine construction companies to exist without having any shortage of work to go around.

Management Training and Support: Owner will offer training - terms negotiable.

Reason For Selling: Spend more time with family, this is secondary career