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Docks & More – High End Marine Construction

DESCRIPTION: This well organized and successful marine construction business is located in one Maine’s most scenic and popular coastal areas. The business has a broad client base and a long track record of outstanding sales growth. It utilizes subcontractors rather than employees. Its excellent reputation combined with the attractiveness and growth of the region presents outstanding growth potential for a new owner. The business serves residential and commercial clients. Its services include new dock system construction, moorings, repairs, and related seasonal work. This is a unique opportunity to blend creative skills and environmental sensitivity in a rewarding business with excellent investment potential.

MARKET: The company serves an exceptionally beautiful area of Maine with a well-educated and affluent population. The local communities have families with higher disposable incomes, who own more than one residence, and appreciate aesthetically designed dock systems. The few local competitors do not have as dominant a track record as this business. The business is located in a growing area. Even though it is dominant in its market, there is still plenty of room for growth. Its superior reputation for honest, high quality work creates a unique opportunity for market share increases in its core business. An Internet presence and a more aggressive marketing program could greatly increase sales. The current location of the business has enough work space to accommodate a large increase in sales.

FACILITIES: The business occupies approximately 1,200 square feet of space with a 12-foot by 12-foot overhead - plenty of room to handle increased sales.

DOWN PAYMENT: $135,000
WORKING CAPITAL NEEDED: $25,000