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The Kuby Company

Profitable Marine Government Sub Contractor In New Orleans For Sale

New Orleans, Louisiana, US
Asking Price:
$775,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$980,000
Cash Flow:
$300,000

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.

Property Information

Real Estate:

Lease

Lease Terms:

month-by-month

Leasehold Rent:

$18,000 per annum

Premises Details:

Office / Shop / warehouse - 5,000 sq ft Current lease $1,500 / month (month-by-month)

Size in square feet:
5,000 sq ft

Business Operation

Reasons for selling:

Retirement

Trading hours:

8:00 am to 5:00 pm - Monday - Friday

Employees:
3 plus contract workers
Years established:
25

Other Information

Support & training:

Available

Furniture / Fixtures value:
$80,200 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price
Relocatable:
This business can be relocated.