Well Established Manufacturer Of Diving Equipment With Huge Growth Potential For Sale

Business description

This is a long established, 1837, diving equipment manufacturer. All products are made in America. The products are sold to the U S Military as well as divers and collectors all over the world. The owner operates with minimal staff, and the lead time on orders run from 6 month to 12 months. A new owner could speed that production up with more trained staff, and definitely increase sales.The owner also is a distributor for many fine lines of related equipment. All products are the finest quality, and the company enjoys a world wide reputation for excellence. As you can see, the assets far exceed the selling price. Beside the inventory and equipment, other assets include a very large data base of customers, 1000 drawings and patterns, a quality control lab, and a great web site. This is a wonderful opportunity for another related manufacturer, or a smart entrepreneur with the necessary financial ability to grow this into a much more aggressive and more profitable business.

Property information

Real Estate:

Lease

Location:

The products are manufactured in a commercial facility.

Other information

Expansion potential:

Growth potential is unlimited. The business need a financially strong buyer that can hire people to get the work out and grow the product line.

Competition / Market:

There is very little competition in this business.

Support & training:

Full support and ongoing training will be provided.

Reasons for selling:

Retirement

Financing available:

Possible

Furniture / Fixtures value:

$250,000 (included in the asking price)

Inventory / Stock value:

$1,200,000 (included in the asking price)