Manufacturer of Boat Docks & Dock Accessories

Mid West

Manufacturer of Boat Docks & Dock Accessories

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$2,500,000

EBITDA:$289,000

FF&E:N/A

Inventory:N/A

Established:N/A

Manufacturer of Boat Docks & Dock Accessories

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Business Description

The Company manufactures and directly sells its own, proprietary boat docks and dock accessories. Its patented design allows a person (young or old) to install and remove the boat dock with no special tools, winches, vehicles, or skills. The Company serves home owners, resorts/condos, and municipalities. Within these different markets, its top customers include home owners that enjoy the convenience and simplicity associated with installing and removing their boat dock. No single customer accounts for more than 2% of sales during the historical period, reflecting its strong and broad customer base.

Its facilities combine for 20,120 square feet of space, and are currently staffed by 18 employees. The knowledgeable and experienced staff is committed to providing reliable products while delivering unmatched customer service. The Company uses one outside salesperson and employs two inside part-time salespeople.

Detailed Information

Competition:
- Experiencing Explosive Growth: The Company’s year-to-date income for April 30, 2017 is 68% over 2016. Its Trailing Twelve Month P&L as of April 30, 2017 already exceeds 2017 projections. - Superior Name and Reputation: The Company enjoys a long-standing reputation for offering reliable products and superior customer support. It maintains an A+ rating from BBB. - National Reach: The Company’s customer base and operations are national in scope and include Canada, facilitating service of clients and easy expand into new geographic markets. - Outstanding Growth Opportunities: There exist several opportunities for the Company to significantly increase revenue and profit, including leveraging its proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given appropriate investments in capital and human resources.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Retirement

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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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