Current Use by Public Records
- Mixed-use properties
Property Details for Confidential 0
- Property type
- Mixed-use properties
Description
This confidential listing presents a lucrative opportunity to acquire a well-established marine construction business located in Melbourne, Florida, within Brevard County – boasting the longest shoreline in the state. This thriving enterprise specializes in both residential and commercial marine contracting, enjoying a 50/50 split between these sectors. The business currently employs ten dedicated and skilled workers, demonstrating a commitment to quality craftsmanship. With a robust pipeline of work extending six months into the future, financial stability is evident. Annual sales consistently reach $4 million, with approximately $1 million invested in valuable equipment. Owner compensation currently sits at $800,000 annually, and the current owner is open to remaining with the company in a sales capacity, ensuring a smooth transition. This presents a unique opportunity for a buyer with significant liquid assets. The business is offered at $1.4 million, excluding any real estate. Serious inquiries only from buyers possessing a minimum of $1 million in liquid cash, accompanied by a signed Non-Disclosure Agreement (NDA). Financing through SBA loans or other external loans is not being considered at this time. This is an exceptional opportunity to capitalize on the booming marine construction industry, particularly given the recent hurricane activity and the increasing need for seawall repairs and maintenance.
Value Estimations
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AI approach
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Melbourne
- County
- Brevard
- State
- Florida
- Longitude
- -80.5643
- Latitude
- 28.0846
