Ship Repairing Company for Sale in San Diego, USA
San Diego-based company providing mechanical and structural repair services for Navy ships and industrial sectors.
This transaction has concluded.
| Established | 60-70 year(s) |
| Employees | 100 - 500 |
| Legal Entity | S Corporation |
| Reported Sales | USD 22.6 million |
| Run Rate Sales | USD 36 million |
| EBITDA Margin | 20 % |
| Industries | Ship Repairing |
| Locations | San Diego |
| Local Time | 12:51 AM Mexico / BajaSur |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
25 million
(Native Currency: USD 25,000,000)
Reason: The owner wants to retire from the business.
The advisor will not charge any upfront/success fee.
The advisor will not charge any upfront/success fee.
Includes physical assets worth
USD
10 million
Interested to connect with advisors
Business Overview
- San Diego-based company specializing in mechanical and structural repair services for Navy ships and industrial sectors.
- Holds prime contracts with the US Navy, MSR, and ABR, ensuring consistent revenue streams through firm fixed-price agreements.
- Diverse clientele includes 50 clients, with a substantial presence in the USA (46 clients) and a growing global footprint (4 clients).
- Collaborates as a teaming member with one of the largest primes in the market, enhancing industry reputation and expanding business opportunities.
- Employs a skilled workforce of 100 permanent employees, with the capacity to hire additional temporary or contract staff as project demand dictates.
- Significant sales growth observed this year, attributed to increased contract wins, a broader client base, and improved contract margins.
- Contracts are renewable and include a streamlined monthly billing process, providing predictable cash flow management.
- Holds prime contracts with the US Navy, MSR, and ABR, ensuring consistent revenue streams through firm fixed-price agreements.
- Diverse clientele includes 50 clients, with a substantial presence in the USA (46 clients) and a growing global footprint (4 clients).
- Collaborates as a teaming member with one of the largest primes in the market, enhancing industry reputation and expanding business opportunities.
- Employs a skilled workforce of 100 permanent employees, with the capacity to hire additional temporary or contract staff as project demand dictates.
- Significant sales growth observed this year, attributed to increased contract wins, a broader client base, and improved contract margins.
- Contracts are renewable and include a streamlined monthly billing process, providing predictable cash flow management.
Products & Services Overview
Offers a range of mechanical and structural repair services, specializing in diesel engine repair, pump maintenance, and temporary services such as crane and rigging for the US Navy and prime contractors. Serving a diverse clientele that includes 46 domestic clients and 4 international ones, the company holds prime contracts with the US Navy, MSR, and ABR.
Assets Overview
Physical assets include machinery, cranes, vehicles, inventory, and cash.The business facility is also owned but is not included in the selling price; the buyer has the option to purchase it for an additional USD 12 million or lease it.
Facilities Overview
A 2-acre property near the shipyard in San Diego, California, featuring a fully equipped machine shop with overhead cranes.This business facility is owned but is not included in the selling price; the buyer has the option to purchase it for an additional USD 12 million or lease it.
Capitalization Overview
Business is cash flow funded.No loans or debts.
There is one owner/shareholder.
Recent Activity
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Earlier than 15 daysManaging Partner, Investment Firm, Houston, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Investment, Prague, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Partner, Art Gallery, Cupertino, Individual Investor / Buyer connected with the Business
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