Listings / Kittery, ME
Harbor & Pine Marine Services
A Kittery yard with winter storage and a diesel tech who is not the owner.
Marine services · York County · est. 1998
Turnkey Ready: verified financials, a clean diligence file, and a transition plan. On a sample listing, the badge is part of the sample. What the badge means
Sample listing. Fictional. Not an offer to sell a real business.
Sample listing. Fictional boat repair, spring commissioning, and indoor storage on the Piscataqua, sold as a going concern without the waterfront real estate.
- Indoor winter storage
- Diesel and outboard work
- Owner will overlap one season
Valuation context
An estimate from the illustrative Marine services SDE band (Band source: NewHands teaching assumption — illustrative planning range, not a market transaction comp dataset), not an appraisal. Customer concentration was not on the listing, so that adjustment was left at zero.
Low
$573,500
Midpoint
$759,500
High
$945,500
Asking price is $80,500 above the midpoint estimate (2.71× trailing SDE).
- Start with the illustrative Marine services SDE band (NewHands teaching assumption): 2.00× to 3.20×, midpoint 2.60×.
- Apply disclosed adjustments totaling -0.15 to each end of the band, then floor the multiple at 0.80×.
- Multiply seller's discretionary earnings of 310,000 by the adjusted band. That is the business value, not the real estate.