Listing Number: 76931-879029
The business being offered is actually comprised of two separate, but complementary divisions. The first is marine maintenance and repair (Repair) while the other is marine logistics and distribution (Logistics).
Repair performs all manner of onboard ship maintenance and repairs on any make and model of ships, barges, tugs and platforms, whether planned or not. Logistics provides all manner of supplies needed to support, maintain and operate maritime vessels. Both are known in the industry as having a culture of “can do”, going out of their way to do the extraordinary for their customers. Demonstrating their commitment to quality and service, both are ISO9001-2015 certified. Both businesses began over two decades ago.
Customer base is largely along the Gulf Coast with some along the southeastern seaboard, but work is performed and supplies are shipped globally.
Well trained staff is in place with key individuals available to step into leadership roles.
List price is for general guidance only. The property is valued separately at $5.5M but will need to be purchased along with the businesses.
- Price: $5,000,000
- Down Payment: TBD
- Sellers Discretionary Earnings: $590,000
- Total Sales: $7,581,000
- Location: Harris County, Texas
- Inventory: $1,339,000
- FF&E: $920,000
- Employees: 28
- Year Established: 1995
- Reason for Selling: Retirement
- Category: Marine Related