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Businesses For Sale   >>   Airplane and Boating Manufacturing Businesses For Sale

Marine Boiler Joint Venture Shareholding For Sale

Location  China
Asking Price Range  $250K - $500K
Gross Revenues  $12000000
Net Profit / Cash Flow  $10000000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2002
Number of Employees  > 200
Inventory  5000000
Relocatable  No
Number of Employees  > 200
Real Estate  Leased
Training  Technical support by seller.
Reason for Sale  Built new business for land products & desire to enter larger boiler markets.

Description  
Supply of Marine Boilers for all types of large ships including tankers, bulk carriers, container ships and cruise ships. The JV was established 4 years ago and has operated profitably in China with a turnover of around $12m per annum. The JV Company is 51% owned by the Chinese partner who has strong links to Chinese Shipyards, ship owners and various Government bodies. The JV partner needs international support for aftersales and relies on the International Company for sales promotions, international customer contact and after sales spares & repairs support. The Company has a range of Standard boilers that meet international standards and is well recognised as a leading Marine boiler Company in China. Contact for more information on this Marine Boiler Supply business for sale.


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