Marine Elevator Systems Company
Location Virginia,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2328692
Net Profit / Cash Flow $545584
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Yes.
Reason for Sale Retirement.
Description Marine Elevator Systems Company for sale. 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.
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