Trusted Marine Services Business with Loyal Customer Base
- Jill Kerr
- Jun 12
- 2 min read
Updated: 5 days ago
Gross Revenue: $1,400,000
Average Seller's Discretionary Earnings: $162,000
Company Profile:
This 30-year-old business has an outstanding reputation and exceptionally loyal customer base
Specializes in the design, installation, integration, and repair of complete marine systems and custom yacht carpentry
Long term partnerships with key suppliers, opportunities to grow those relationships
Recurring revenue from supplier website referrals (service and sales)
Excellent Maryland location near the center of the boating industry
Situated in a busy marina with easy access for customers
Benefits to Buyer:
Consistent revenue between $1.2M and $1.4M
Relationships with 40 manufacturers
30 year history in the Annapolis area marine community
Reliable, experienced team of employees
Five slips that come with the business
Shop that is immediately adjacent to the boat slips for easy access/repair to customers’ boats
Established business processes
Seller understands the need for a smooth transition and will work with buyer
Buyer Profile:
An individual with a background in marine repair or a boater who’d like to make their passion into their vocation
A marine repair business outside the immediate Annapolis area which would like to expand
A large marine repair business in the Annapolis area which would like to expand
Please Contact: Jill Kerr (JKerr@harvestbusiness.com or 703-927-8204) to discuss this business in more detail.
Open with Adobe Reader, use their Fill and Sign Feature to complete and electronically sign the document, then return to JKerr@harvestbusiness.com.
We will then be able to discuss financial details and other confidential information about the business with you.
Disclosure: We have relied on information provided and approved by seller and make no additional representations or warranties. Buyers should review with their advisors as needed
Clients choose Harvest Business Advisors for our sage advice on profitably growing their business, accurate business valuations, and when the time is right, a consistent ability to deliver a high price as part of a smooth exit transaction. Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services.
We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia. Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.