Established Marine Construction & Concrete Renovation Company

Sarasota County, FL
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Asking Price:$12,000,000
Gross Revenue:$39,269,558
FF&E:$8,000,000
Cash Flow:$2,550,410
Rent:$11,500
Established Year:2009
BUSINESS DESCRIPTION

This is a well established Marine Construction and Concrete Renovation Company active in Florida. Corporation is bonded and has qualifier in place. The Company has an excellent reputation and is involved in many projects like Seawall construction, Structural Strengthening of Condos, Concrete Repair and Restoration, etc.

The seller is willing to stay on for one year for a fixed compensation. The assets are appraised at $8,000,000 and are included in the selling price, free and clear. Included in the sales price is $1,500,000 of accounts receivables and $500,000 working capital. Buyers have to provide proof of funds, resume and experience.

Long-term lease available.

Please contact the listing agent for additional information.


DETAILED INFORMATION
Location
Sarasota County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
9,500
Employees
116
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Weeks Training: 4 Cost: 0
Reason for Selling
Retirement
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Steve Rietbergen
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Steve Rietbergen