Unique Operation in the Transport/Logistics Sector
Fantastic business servicing commercial and passenger ships across two very busy regional ports.
Clients are an impressive list international shipping companies, providores, oil & gas companies and various government departments.
The business has numerous income sources and is run by a competent team (including GM) with minimal involvement from the absentee owner.
There are 8 vessels (worth over $2.0 mil) all in very good condition and profit under management averages around $680K pa.
The business can easily continue as a free standing operation or a perfect addition to an existing marine (or any other) logistics company.
The owner is looking to retire and is happy to provide a generous handover to the successful purchaser.
The sale will be via a sale of shares on a cash free/debt free basis and the final price will be plus or minus a net asset adjustment for debtors, creditors, employee entitlements, etc.
