Acquire a marine transportation operation established in 1993, serving offshore energy customers across the Gulf of Mexico, the U.S. West Coast and an international market. Reported revenue is $17,150,519, with adjusted cash flow of $4,885,239. An approximately eight-vessel fleet, experienced crews and senior managers support supply transport, vessel rental, drilling, production and lightering work.
The required acquisition comprises the operating business at $9,150,000, vessels and spares at $36,804,000, and vehicles at $220,000: $46,174,000 before real estate. The operating business, vessels, spares and vehicles must be acquired together. Real estate is available for an additional $1,750,000, bringing the property-inclusive total to $47,924,000. Buyers may lease the property instead of purchasing it.
A 70-person workforce supports the operation. Senior leaders oversee finance, operations, safety, technology, personnel and vessel management, while the owner remains involved in oversight, planning, finance and sales. Revenue is concentrated with one major energy customer, making the depth and continuity of that relationship a central acquisition consideration.
Customers have requested additional vessel capacity. A buyer with marine, energy or logistics experience could build on the existing fleet and management structure while assessing further energy customers and adjacent offshore work. The retiring owner is available to support introductions, training and the operational handover. Enquire for the fleet schedule, customer history and transaction terms.
