Mfg. - Fabricated Metal Products | Retail - Marine Dealers and Equipment

Asking Price	$3,600,000	Inventory	$30,000**
Gross Income	$4,000,000	Real Estate	$2,300,000*
Cash Flow	$225,000	Year Established	1984
FF&E	$750,000*	Employees	35

* included in the asking price

** not included in the asking price

This company is a designer and manufacturer of high quality custom boat docks for both the residential and commercial market. They are located in a region that continues to maintain a high growth rate. Strong contact relationships among realtors, developers, and suppliers in the region, coupled with the company's strengths of superior quality, timely manufacture and installation, commitment to continued/on-going service, and the reputation of the owner, position this company to be a major player in this expanding market. The company designs, manufactures, installs, and upgrades & repairs customized boat docks for residential and commercial use. Each dock is manufactured to meet the customer's specifications and needs. They also offer full barge and truck service, re-foaming, and on-water welding. Approximately 80% of their business is new docks, the other 20% of revenue is generated through repairs to existing docks that are damaged by high winds and rough water.

Facilities: The lakefront property includes a relatively new office building, a light duty fabrication plant, and a large area for storage and assembly. There is also a second tier property that is used for storage or could be developed.

Competition: Company is one of several quality boat dock manufacturer in the area. The are a number of lower quality companies. The business has a prime waterfront location.

Growth/Expansion: This company is located in a high growth area that has enormous potential. They have recently entered the wavebreak business and are in the process of improving their designs.

Financing: Seller willing to consider some financing.

Support/Training: Seller is willing to stay up to 3 years for a reasonable salary.