Specialty Towboat And Tugboat Manufacturer, Optional Real Estate For Sale - Business for Sale
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Custom Towboat and Tugboat Manufacturer in Florida
FL, US
Added 27 days ago
Commercial Boat Manufacturing
Absentee / Semi-AbsenteeRetiring Owner
This Florida-based manufacturer produces custom sub-26-foot commercial towboats and tugboats for clients across the US, Canada, and international markets, operating from a purpose-built facility with an experienced team and over 30 years in business.
Key Information
Asking
$5.1M
Revenue
$3.9M
Earnings
$1.1M
Multiple
4.8x
Key Highlights
- Business has operated for over 30 years.
- There are 13 employees, with 8 having over 10 years of tenure.
- Company is one of only three US manufacturers of commercial sub-26-foot towboats and tugboats.
- Customer base includes dock builders, marina operators, dredge and bridge contractors, and salvage companies across the US, Canada, and international markets.
- Business operates from two company-owned buildings totaling 12,500 sq. ft. in Florida; real estate is available for separate purchase (estimated value $1,775,000) or leaseback (~$144,000/year).
Contact Info
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