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  • RE:  Fantastic Opportunity Dive Company For Sale!
  • Contact:  Michael Kabiri

Quick Facts

Asking Price: $2,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $570,000
Total Debt: Not Disclosed
FF&E: 1,170,820
Real Estate: Not Disclosed
Year Established: 1981
Employees: Not Disclosed
BBN Listing #: 177748378
Broker Reference #: 46931-253430

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Business Overview:

The offering is a full service inland underwater and marine services company headquartered in the North East. Serving a large number of clients in the North East and Midwest Regions. The company provides a broad range of commercial diving, underwater and marine services such as bridge and dam inspection, refinery, hydroelectric, fossil and nuclear facilities maintenance and repair, river intake, wastewater, reservoir, water tank, pipeline and conduit support services 'IMR' serving small and large clients and local, state and federal government agencies such as the U.S. Army Corps of Engineers. The company was founded in 1981 and has successfully completed every task assigned and proudly maintain a perfect safety record unmatched in the entire industry. The offering maintains the largest company owned specialty equipment inventory in the region giving it superior operational capabilities.
The company was founded in 1981 with primary operations located in the Mid-Atlantic U.S. Region initially specializing in underwater bridge inspection. These inspections progressed to full service underwater bridge inspections, maintenance and repair. Operations expanded to dam inspections in the 1990's and again expanded to dam inspections, maintenance and repair with some limited marine industrial industry support and power utility support services. Capabilities expanded again in 2012 by launching our Midwest Division successfully focusing on serving heavy industry such as hydroelectric, refinery, grain production, power generation, marine fleeting, port and pipeline facilities. This company has a very strong competitive presence in the East Coast and Midwest Regions with an extremely loyal customer base who are committed to work only with them regardless of competitor proximity to customer facilities.

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Reason for Selling:

New venture.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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