Wednesday, 9 May 2018

S-2972-1 RS Boat Lift Manufacturer and Distributor (Midwest US)



Business Description:
Operating from three facilities, this well-established company manufactures boats lifts out of one facility and assembles, distributes, installs and services boat lifts from the other two facilities at one of the largest recreational lakes in the nation.  Founded over 35 years ago, the company has a solid customer base of over 10,000 customers and has installed more than 6,000 boat lifts. The owner has structured the business in two separate companies.  Both companies are for sale.  The boat lift service company comprises 68% of the revenue of the combined companies.

Distribution:
The Boat Lift Service and Distribution Company is the primary customer of the Manufacturing Company.  The Company also manufactures and ships boat lifts to Indiana, Mississippi, Nebraska and Texas.

Operational Strengths:
Recognized in the boat lift industry for its absolute quality, strength, durability, dependability and resell value, the company has a proven track record for superior quality and workmanship. In 35 years of services, the Company has only repaired three boat lift tanks. The boat lifts manufactured by the company are registered trademarks. 

The Transaction:
The owner is open to continuing with new ownership for one year or more, and key managers are open to continuing with new ownership.  The company has no debt.  Real estate is available to lease.

Combined Companies Financial Summary ($)

2018 Est by Seller
2017
2016
Revenue
6.2 M
5.8 M
4.9 M
Adjusted EBITDA
1.2 M
1.255 M
.701 M

Other Highlights
Location
Financials
Management Team in Place
Years in Business
SIC Classification
Midwest
Compiled
Yes
36
5551


  
Direct All Inquiries to:

Gottesman Company
Refer to:  S-2972-1 RS
Tel: 212-330-8010     Fax: 646-434-4557
                                     E-mail : office@gottesman-company.com