Seller's Contact Information

  • RE:  Marine Winch Systems Manufacturing & Service Cmpy
  • Contact:  John Geaneotes

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,357,000
Net Profit: Not Disclosed
Cash Flow: $606,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 783826891
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Founded over 20 years ago, the Company is a privately-owned designer and manufacturer of marine winch systems and related products located in NJ. The company is an industry leader and has experience in providing reliable products and services to the commercial Tugboat, Dredging Industries as well as the military. The company is being offered $1.3 million on a debt-free and cash-free basis. The owner is willing to stay for an agreed compensation.

- Strong track record of financial performance with project backlogs and Navy service contracts.
- Superior name and reputation in the industry.
- Unique product line with low cost of manufacturing due to in-house engineering and outsourced production.
- A strong team is willing to stay on after the acquisition.

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Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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