Profitable Marine Government Sub-contractor in New Orleans
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Financial Details
- Asking Price:
- $1,200,000
- Annual Revenue:
- $980,000
- Cash Flow / SDE:
- $300,000
- Valuation Multiple:
- 4.0x
- Location:
- New Orleans Naval Air, LA, US
- Source:
- Date:
- August 20, 2025
Key Highlights
- Specializes in industrial supplies and services for oil, gas, and marine industries.
- Offers valve actuator sales/repairs, top-side painting, and fiberglass lifeboat repairs.
- Established business since 1987 with diverse revenue streams and potential for expansion.
Description
This is a highly profitable service company specializing in industrial supplies for the oil, gas, and marine industries, including federal marine agencies. The business offers valve actuator sales and repairs, top-side painting, and fiberglass lifeboat repairs. Revenue streams include wholesale hydraulic seals, actuators/repairs, and ship work for US Government ships and contracting. A critical analyst would note the company's established history since 1987 and potential for geographic expansion.
Industry Information
- Industry Description:
- service
- Classification:
- Wholesale & Distributors
Listing Details
- Listing ID:
- 2a09896a-77f5-45d6-bc3a-303c3b5bfb1a
- Deal Status:
- For Sale
- Date Posted:
- August 20, 2025
- Last Updated:
- August 20, 2025
- Currency:
- USD
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