NOT DISCLOSED, NOT DISCLOSED
| Asking Price |
$1,400,000 |
Year Established |
2000 |
|
| Annual Revenue |
$367,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Kevin Brooks |
|
| Annual Cash Flow |
|
Listing Number |
1000048 |
|
| # of Employees |
|
Business Category |
Automotive & Boats: Auto Retail - Auto Parts |
|
Business Overview:
This established manufacturing and distribution enterprise specializes in a patented marine safety product with over 25 years of continuous operation. The company has developed a comprehensive global presence through approximately 40 authorized dealers and four international distributors spanning Singapore, Hong Kong, Japan, and the United Kingdom.
The customer portfolio encompasses military and government agencies including the U.S. Navy, Coast Guard, Marines, Fire and Water Rescue departments, plus international military forces across 22 countries. Commercial clients include marine dealers, yacht clubs, boat rental agencies, and recreational boating enthusiasts served through both direct sales and established dealer networks.
Operational Excellence:
The business operates through a strategic toll manufacturing model that maximizes efficiency while minimizing overhead. The founder retains control of raw materials, patents, design specifications, and sales distribution, while partnering with a specialized third-party manufacturer for production expertise and equipment management. The product's simplified design requires no moving parts, wiring, or hydraulic components, streamlining both manufacturing processes and end-user installation.
Asset Portfolio:
Tangible assets include high-grade stainless steel injection molds valued at $1.826 million in excellent condition, finished goods inventory, packaging materials, shipping supplies, professional trade show display systems, and comprehensive installation support materials. The toll production facility maintains all manufacturing equipment.
Intangible assets comprise the patented design, federal trademarks, DNV VERITAS/SOLAS international safety certification enabling global market access, established dealer and distributor relationships, and a comprehensive 25-year customer database spanning military, commercial, and recreational marine sectors.
This acquisition opportunity suits manufacturing companies seeking product line expansion, strategic buyers interested in patented marine safety technology, or entrepreneurs pursuing an established international enterprise with proven market penetration and regulatory compliance.
Property Features and Assets:
This is toll manufacturing model. The manufacturing is outsourced. For more information please submit an NDA.
Market Competition and Expansion:
This is a one of a kind global product. No competition exists.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity