Business for Sale Overview:
This company has been established almost 20 years. They have a product line that includes molds and tooling that could be easily relocated. Sales have varied from about $300,000 to $500,000 annually, but they have been on the lower side in 2008 with the slow economy. However, very little sales and marketing has ever been done. The company relies heavily on their website and word of mouth. In addition to manufacturing fiberglass pontoon boats for commercial use, they also make dock floats and storage boxes. Margins on boats tend to be about 35%. There are 4 to 6 employees, It is estimated that the tooling and molds alone would cost over $250,000 to replace. The amount of inventory that will convey to the buyer will depend on what is on the floor at the time of sale. As of November 2008. there were @$50,000 in inventory and demo boats/motors. The owner is looking to retire.
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.
Market Competition and Expansion:
Growth/Expansion: Very little sales or marketing have been done. The company relies heavily on their website and word of mouth for advertising.
Reason for Selling:
Retiring.
Additional Details:
- The property is owned.
- The owner is not 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.