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Government Sub-contractor - Marine Industry

#26856
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Very profitable 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.

Listing Details

  • SIC

    44, 47, 50, 73, 76, 89

  • Price

    $775,000

  • Downpayment

    $155,000

  • Adjusted Net

    $300,000

  • Annual Sales

    $980,000

  • Area

    N/A

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    $50,000

  • Inventory

    $10,000

  • FF&E

    $80,200

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    N/A

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

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