Highly profitable Marine Government Sub-contractor
New Orleans Naval Air, LA
| Asking Price: | $775,000 |
| Gross Revenue: | $980,000 |
| Rent: | $1,500/Month |
| FF&E: | $80,200 |
| Cash Flow: | $300,000 |
| Inventory: | $10,000 |
| EBITDA: | $203,835 |
| Established Year: | 1987 |
Listing ID: 1986885Listing provided by BizBuySell
BUSINESS DESCRIPTION
Highly profitable service company that provides industrial supplies (seals, gaskets, etc.) in the oil, gas and marine industries. They also service federal marine agencies. In addition, the company provides valve actuator sales and repairs on ships, as well as top-side painting. They have also done fiberglass lifeboat repairs.
Annual revenue includes wholesale hydraulic seals (25%) and actuators/repairs (25%). The remaining 50% of sales include ship work: retail and maintenance-paint, tile, etc. for US Government ships and US government contracting.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Office / Shop / warehouse - 5,000 sq ft Current lease $1,500 / month (month-by-month)
Growth & Expansion
May be expanded locally and geographically across the USA.
Support & Training
owner available for transition
Reason for Selling
Retirement
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