Boat Manufacturing

Scandia, MN
Washington County

North of Twin cities


Asking Price: Annual Revenue:
$180,000 $100,000

Manufacturing: Machinery


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RE: Boat Manufacturing Broker: Bob Griesgraber
License #: RA-521686

Quick Facts

Asking Price: $180,000
Annual Revenue: $100,000
Net Profit: $40,000
Cash Flow: $40,000
Total Debt: Not Disclosed
FF&E: $14,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 798640231
Broker Reference #: 8231

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Business Overview:

New product-patented. Boat for cleaning trach and debris from water. Easily operated-one person; effective and affordable. designed for marinas, lakes, streams. Established in 2013 by engineer with a successful history of developing products in the marine industry. By 2018 after various stages of product development, first boats sold to customers.
Picks up trash and debris and deposits on shore or dock area for removal . 15 feet long and 8.5 feet wide. Powered by outboard motor and batteries for lifts.
Tremendous potential. Website developed and orders are arriving g. All manufacturing now out sourced. Owner paints, assembles and ships (trailer). Business will be moved. need about 1,000 square feet.
Costs about $20,000 to make and sells for $48,000.
Owner is in his late 70's and wants to retire. Sale includes patent, 3 demo boats, tooling.

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Property Features and Assets:

Need 1,000 square feet for warehouse space, assembly, etc.

Market Competition and Expansion:

New to the market and it is unique.

Reason for Selling:

Retirement

Additional Details:

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

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