Asking Price: $185,000

Gross Revenue: $260,000

Gross Revenue Comments: full capacity

Cash Flow Comments: high margin services

FF&E: $140,000 (Included in Asking Price)

Seller Financing: flexible

Provides shoreline restoration services and builds wave erosion walls using Riprap engineering. The company is located on the Ohio River; but can easily be relocated to the buyer’s preferred market.
There is a large and growing market for Riprap construction. In addition, the company can perform other shore related projects such as foundations for boat houses and docks; or the dismantling of same.
The extraordinary opportunity for the buyer is the unique design and size of the equipment. The size provides 2 significant advantages:
1. Mobility – the equipment can be easily transported to project sites to accommodate market demands; hence buyer can deploy the same equipment anywhere and thereby keep the revenue generation time at full capacity.
2. The barge and tug are just the right size to enable large scale projects without the requirements normally associated with river and lake equipment; for example there is no requirement for a pilot license on most rivers and lakes.
The other significant asset comes with the brand name which is registered and listed on the Central Contractor Registration (CCR) database. Only approved and registered members have access to and can bid on the government (core of engineers) projects listed on the site.

Year Established: 2007

Employees: 1 full time -

Relocatable: Yes

Facilities: not applicable

Market Outlook and Competition: report available on request

Management Training and Support: will train

Reason For Selling: physical health