Services - Marine Repair, Parts and Services

Asking Price	Not Disclosed	Inventory	$450,000*
Gross Income	3500000	Real Estate
Cash Flow	$400,000	Year Established	2003
FF&E	$150,000*	Employees	12 ft

* included in the asking price

** not included in the asking price

This very nice, well established, five year old company generates revenue in 2 major areas. One area is the business of renting high value oil field tools for drilling and workovers. They have a very good inventory here. In the second area they sell and service a variety of unique safety equipment. They have the exclusive rights to sell some of the newest technology safety equipment in the marketplace. Even competitors selling and installing this equipment must buy the equipment from them. Company provides technical support and service countrywide for the equipment they install. This is a very good source of recurring revenue. Company is located in a large metropolitan city/metro area in South Louisiana. It is in the heart of the oil patch in South Louisiana. This would be an excellent add on for a company already in the oil patch. Seller has developed some very serious health issues and is highly motivated to sell. Seller is open to substantive offers. Seller will consider seller financing for a qualified buyer with a reasonable down payment. Seller will seriously consider and promptly respond to all reasonable offers. Come see, make offer.

Facilities: 4000 sq ft

Support/Training: Available

Reason Selling: Personal Reasons