Innovative Boating Manufacturer-32448

Not Disclosed, NJ
Ocean County


Asking Price: Annual Revenue:
$2,000,000 $2,198,300

Automotive & Boats: Boat Storage and Marinas


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RE: Innovative Boating Manufacturer-32448 Broker: Lee Jani
Owner Financing is Available!
$1,500,000.00 Down & Prime 2% For 60 Months.

Quick Facts

Asking Price: $2,000,000
Annual Revenue: $2,198,300
Net Profit: Not Disclosed
Cash Flow: $510,100
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1984
Employees: 9
BBN Listing #: 4354447
Broker Reference #: 32448

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Business Overview:

Company is a 35-year-old family business manufacturing above the rail hardware for recreational and small commercial boats. Products include custom hardtop systems to retrofit existing boats and yachts, modular system of components to assemble a wide variety of arch type and top structures for both power and sail, davit systems for lifting and carrying tenders on boats and yachts plus inflatable tender accessories. All of the company products are manufactured in the USA from domestically sourced aluminum and stainless steel. The Company ships product regularly to all 50 states and consistently generates a significant portion of its sales from export markets. Customers are consumers, new boat dealers, shipyards, marinas and small OEMs. The Company also sells-thru established distributors in the US, EU and Central America. The company maintains three punch above their weight in consumer recognition and desirability. The company brands have a very strong community of users and the benefits from very strong word of mouth referrals. They have an extensive website first established in 1997, and participate in 8-10 boat shows and trade shows each year. Please use email reply button of this ad to contact us.

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Reason for Selling:

Retirement

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.

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