Business Summary

Buyer needs to have commercial or recreational diving or marine construction experience. This is a commercial diving company based in New England and serves all of New England and northern NY. Location is not important as workforce travels to job sites. The companys primary business is offering state-of the art commercial diving support to repair underwater structures with a specialty in hydroelectric plants. Primary markets that the company serves include Hydro Electric companies, municipalities, marine construction companies, and industries with private waste water systems. They have the experience, knowledge and skills that have made them a regional market leader. This has resulted in continuous sales and earnings growth, even during the recent recession. The company obtains new business through their web site and word of mouth as a result of enjoying an excellent reputation in their market. They regularly get inquiries and requests for their services from other parts of the country but have chosen to keep the business regional. All of the company s experienced diving teams use the latest technologies such as electronic equipment and proprietary wireless radio communication. This allows for very productive and efficient diving teams. The business operates from a home office and also rent a storage site to house construction vehicles, trailers, and boat. During the past 15 years the owners have develop systems to bid and win profitable contracts, hire and train employees, and schedule projects efficiently and profitably. All of these systems will be transferred to a new owner during the transition period. The current owners are committed to ensuring a smooth transition to the new owner.

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