Profitable Marine Government Sub-contractor

New Orleans, LA
Jefferson Parish

Not Disclosed

Asking Price: Annual Revenue:
$775,000 $630,000

Services: Business & Office Services

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RE: Profitable Marine Government Sub-contractor Broker: Carl Kuby

Quick Facts

Asking Price: $775,000
Annual Revenue: $630,000
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $80,200
Real Estate: Not Disclosed
Year Established: 1987
Employees: 3
BBN Listing #: 777410813
Broker Reference #: 26856

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Business Overview:

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.

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Property Features and Assets:

Office / Shop / warehouse - 5,000 square feet; Current lease $1,500 / month (month-by-month).

Reason for Selling:


Additional Details:

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

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