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Business For Sale

Rope, Nets, Slings & Mats, Gate Nets & Hatch Cover

Medley - Miami Dade County, FL, USA

Services: Travel, Transportation

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$395,000
$700,000
Not Disclosed
$150,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1985
4
93128054
Owner Financing is Available
Cash sale, some financing possible with a qualified buyer.

Business for Sale Overview:

Sells custom nets, mats & slings to cruise lines, the military and local and national shipping companies (both land & marine). Sales have increased dramatically recently without a sales force because of the huge demand for the specialized products the company produces and the addition of very expensive manufacturing equipment not usually seen locally. The company has reached a plateau of activity with which the current owner is not quite comfortable. A more sophisticated operator could more than double sales in the very near future by separating sales from manufacturing from administration and increasing manufacturing staff. Demand for these products is huge and the promotional possibilities are almost limitless.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

3000 sq. ft. mfg/warehouse in Medley, Fl. on Miami River - $2,200/mo rent - equipment includes a $1/4 million of industrial fabricating and sewing machines giving the company a super niche On high end slings and mats for shipping and transportation business as well as the military. Support/Training: One partner will stay, other Seller will stay for 30 days of training and be available for and extended period thereafter for specific training.

Market Competition and Expansion:

Competition: Seller is one of few manufacturer of rope & chain blasting mats in USA - only company locally with machines to mfg certain slings and tie downs and very specialized nets. Growth/Expansion: Huge potential with the military - currently has many contracts and with a sales effort could be expanded exponentially - likewise with the cruise lines. Heavy demand for rope and rope products largely overlooked by current management.

Reason for Selling:

Retiring.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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