Mid Multiple

Marine & Boating Services — Business Valuation Multiple

EBITDA Valuation Guide · Small & Mid-Sized Businesses

Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.

Min

2.5×

Typical

3.5×

Max

5×

Revenue Model

Mixed

Capital Intensity

Medium

2.5×Typical EBITDA Range5×

A typical multiple of 3.5× EBITDA reflects mid-market transactions in the $1–$50M revenue range.

Overview

Marine and boating service businesses — including boatyards, marine engineering and repair businesses, chandleries, boat servicing, storage, boat dealerships and brokerage businesses — typically trade at 2.5×–5× EBITDA. Recurring maintenance and storage income, strong customer relationships, manufacturer accreditations and diversified service offerings can support higher multiples. Seasonal demand, discretionary leisure spending and dependence on skilled marine engineers are key risks.

Key Value Drivers

  • Recurring maintenance and storage income
  • Strong customer relationships and reputation
  • Manufacturer accreditations and dealership status
  • Diversified service offerings (servicing, brokerage, chandlery)
  • Skilled marine engineering capability

Key Risks

  • Seasonal revenue and weather dependency
  • Discretionary leisure spending exposure
  • Dependence on skilled marine engineers
  • Fuel and maintenance cost sensitivity
  • Storm and flood risk

Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.