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- RE: Profitable Marine Government Sub-contractor
- Contact: Carl Kuby
Quick Facts
| Asking Price: | $775,000 | |
| Annual Revenue: | $980,000 | |
| 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 |
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:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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