Business Overview:
No effects from the shutdown and unlimited expansion potential! This business was initially established in the early 1990's and has been under the direction of the same owner since 1999. The company name has appeared on product labels sold throughout the US and beyond for over 3 decades. The primary target is wholesalers who sell to retail but also provides some direct-to-consumer products. The business has converted it systems to a more digital footprint enhancing efficiencies and there is still room to grow both internally and in wholesale and retail market share. The business is fully equipped and in continuous operation with skilled, long-term staff. The company has maintained its customer base over the years with some still active since 1999 and in many cases have increased their ordering. Note: YTD financials do not include any add-backs, revenue is on track to equal or surpass 2019.
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Market Competition and Expansion:
Market - Wholesale marine dealers and some direct-to-consumer
Growth - Huge potential. Could easily double production capabilities which would reduce turn-times. Currently accepting orders for October delivery.
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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