Manufacturing-Boat trolling motor

St. Paul, MN
Ramsey County

Asking Price: Annual Revenue:
$60,000 $76,000

Manufacturing: Machinery

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RE: Manufacturing-Boat trolling motor Broker: Bob Griesgraber

Quick Facts

Asking Price: $60,000
Annual Revenue: $76,000
Net Profit: $25,000
Cash Flow: $25,000
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 1
BBN Listing #: 80940231
Broker Reference #: 7981

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Business Overview:

Established 40 years-boat trolling motor-current owner sells through catalog sales-all manufacturing out sourced. Motor is mounted on the engine (not the bow) and can be controlled remotely (electronics recently updated). Very quiet. legacy product-well know by boat owners. Current owner is engaged in manufacturing other products-this product needs focus. Owner recommends sales through E bay and Amazon. Current manufacturing outsourced-owner assembles and ships. Price based only on tooling value and parts inventory.

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Property Features and Assets:

Need maybe 1,000 square feet for assembly/shipping.

Market Competition and Expansion:

One competitor-and subject product is comparable.

Reason for Selling:

Other business interests.

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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