Marine & Industrial Staffing, 11-Year Gulf Coast Shipyard Labor Supplier

Full Editorial Writeup

This is an 11-year-old marine and industrial workforce staffing business operating on the Gulf Coast, supplying skilled tradespeople to the shipbuilding and repair industry. The company places welders, fitters, electricians, machinists, and laborers into shipyard repair, maintenance, and related projects, running on a lean structure with established recruiting channels, digital onboarding, and outsourced payroll and bookkeeping. It generated roughly $3.5 million in 2025 revenue against reported cash flow of about $897k, a 24% owner-earnings margin that is strong for a staffing shop and suggests disciplined markup management.

The operation currently deploys 20 to 30 skilled workers at any given time, meaning the entire business leans on a relatively concentrated pool of billable tradespeople and the shipyard customers that absorb them. The moat here is relationships and a pipeline of hard-to-source skilled labor in a specific regional industry, not proprietary technology. For a buyer, the attraction is a profitable, low-overhead cash engine with built-in expansion levers.

At $2.0 million and a 2.23x cash flow multiple, this is priced like a small, concentration-risked services business, which is fair. The real question is how durable the shipyard demand and worker relationships are once the current owner steps away after a short three-week handover.