Business For Sale; 76 -- Miscellaneous Repair Services; NAVAL RESEARCH VESSEL SUPPORT & MAINTENANCE.The March Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control currently represents a profitable and well-established marine services contractor specializing in the operation, maintenance and repair of government-owned research and training vessels, range craft, experimental craft and service craft. Boasts an approximately 65% share of the niche market in which it operates. Since 2005, revenues have grown at a CAGR CAGR See: Compound Annual Growth Rate of 37.5% to top $24.4 million in 2007, with EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) A metric used to show a company's profitability, but not its cash flow. EBITDA became popular in the 1980s to show the potential profitability of leveraged buyouts, but has become of $852,000. Backlog of nearly $52 MM will continue to generate revenue over the next five years, while the Company continues the bid process for new contracts. Operates as a federal prime contractor to large governmental agencies, with an average contract win rate of 50% or better. Certified under the International Safety Management (ISM) code, holds facility security clearance, and utilizes government-approved accounting and property control systems. Long-standing relationships with various federal entities and a 90% rate of repeat business are a testament to the Company's expertise and high level of client-satisfaction. Geographic revenue split varies from year to year, but 2007 saw approximately 61.9% of revenue generated in the Southeast/Gulf market, followed by the Mid-Atlantic at 28.8% and the Northeast at 9.3%. Staff of 150 FT and 20 PT employees is populated by mariners who obligatorily meet the requirements of STCW STCW Standards of Training, Certification & Watchkeeping STCW International Convention of Training Certification and Watchkeeping for Seafarers (International Maritime Law) STCW stern tube cooling water STCW Store Control Word 95; the Company's strong management team is also expected to continue post-acquisition Gross Annual Sales: $24,400,000 Region: Southeast (AR LA TN MS AL GA FL) Listing #:39644 (B) [To receive the contact name for this listing, reference the five-digit number which follows each listing and e-mail to FirstList, mergers@firstlist.com. FirstList will forward the contact information pertaining to the intermediary representing the business for sale in order to obtain additional information.] |
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