LA. Based Ship Repair, Maintenance, & Conversion Service Provider

Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$1,009,000

Gross Revenue$11,989,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

shipSave

LA. Based Ship Repair, Maintenance, & Conversion Service Provider


Asking PriceNot Disclosed

Cash Flow
Not Disclosed

EBITDA$1,009,000

Gross Revenue$11,989,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
The Company is a family-owned repair and maintenance service for marine vessels. The Company also offers reconstruction or vessel conversion services for all types of aluminum and steel vessels used in the oil and gas industry along the inland waterways and Gulf Coast.

Key Aspects
• For more than 42 years, the Company has operated as one of two
24/7, full-service shipyards servicing Port Fourchon vessel owners
and operators.
• The Company provides vital and essential services for marine-
based businesses along the Gulf Coast.
• More than 4,500 dry docking and repair jobs have been completed
since establishment.
• The Company has earned a reputation as the first choice for
aluminum ship repairs on Bayou Lafourche and Port Fourchon.

Opportunities
• Expand target industries to reach a wider range of customers.
• Establish more efficient client billing practices to facilitate more timely collections.
• Capital improvements to property expansion have been completed and are being utilized to grow operations.

Headquartered
• Deep Southern Louisiana Bayou region
• South Lafourche Levee District
Current Markets
• The Company mainly serves customers with marine vessels who primarily serve oil and gas production businesses located across the Gulf of Mexico.
Shareholder Objectives
• Ownership is seeking a strategic partner in order to grow the Company to its full potential. The majority owners expect to make an eventual exit from the Company. All ownership is open to various deal structures in order to facilitate a transaction.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Listing Info
ID
2384831
Listing Views
234

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Business Listed by: Amy Alonso Benchmark International

Listing ID: 2384831 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.