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Marine Elevator For Sale - Hampton Roads, Virginia, VA |
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| PROFILE: Marine Elevator Systems Company |
| Status: |
Off The Market |
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| State: |
Virginia |
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| Location: |
Hampton Roads |
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| County: |
None Given |
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| City: |
None Given |
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| Primary Category: |
Service Related |
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| Alternate Category: |
None Given |
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| Asking Price: |
$2,000,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
$2,328,684 |
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| Annual Adjusted Net: |
$545,584 |
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| Price Range: |
$1 Million + |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
No |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: Marine Elevator Systems Company
Hampton Roads, Virginia
For Over 40 Years, The Company Has Provided Installation, Design Services, Upgrade Programs And Maintenance For Marine Elevator Systems In The Commercial And Military Marketplace. The Company’s Engineers And Technicians Have Unparalleled Expertise And Experience In Equipment Engineering; Primarily In The Hydraulic, Electrical And Mechanical Areas.
Services Offered Include New Construction, Modification, Troubleshooting Emergency Repairs, Survey, Analysis, Maintenance And Consulting. The Company Meets And Complies With All Commercial Codes, Military Specifications, And Department Of Defense Regulations. Work Is Fully Bonded And Insured.
The Company Has Realized Exponential Growth In The Past Three Years. Its Expertise Is In High Demand. 2008 Is Estimated To Produce A 30%+ Increase In Revenues Based On Results For The First Half Of The Year.
For An Existing Marine Industry Or Government Service Business, It Is A Great Strategic Acquisition Opportunity To Immediately Purchase A Predominant Established Marine Elevator Company To Capitalize On Its Long Term Goodwill, Reputation And Client Base. The Seller Wishes To Continue Part Time With The Company In A Management Or Engineering Capacity If Desired By The Buyer.
Year 2008e 2007 2006
Revenues $3,542,520 $2,328,692 $1,917,354
Cost Of Sales $1,663,882 $1,341,850 $1,370,480
Gross Profit $1,878,638 $ 986,842 $ 546,874
Operating Expenses $ 772,380 $ 441,258 $ 281,556
Normalized Ebitda $1,106,258 $ 545,584 $ 265,318
Upon Proper Qualification Of The Potential Acquirer, Including The Customary Exchange Of Financial Information And Confidentiality Agreements, A Detailed Confidential Prospectus Will Be Provided. All Inquiries Will Be Held In Strictest Confidence.
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