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Innovative Boating Manufacturer In Ocean County For Sale

Ocean County, New Jersey, US
Asking Price:
$2,000,000
Sales Revenue:
$2,198,300
Cash Flow:
$510,100

Company is a 35-year-old family business manufacturing above the rail hardware for recreational and small commercial boats. Products include custom hardtop systems to retrofit existing boats and yachts, modular system of components to assemble a wide variety of arch type and top structures for both power and sail, davit systems for lifting and carrying tenders on boats and yachts plus inflatable tender accessories. All of the company products are manufactured in the USA from domestically sourced aluminum and stainless steel. The Company ships product regularly to all 50 states and consistently generates a significant portion of its sales from export markets. Customers are consumers, new boat dealers, shipyards, marinas and small OEMs. The Company also sells-thru established distributors in the US, EU and Central America. The company maintains three punch above their weight in consumer recognition and desirability. The company brands have a very strong community of users and the benefits from very strong word of mouth referrals. They have an extensive website first established in 1997, and participate in 8-10 boat shows and trade shows each year.

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Business Operation

Reasons for selling:

Retirement

Employees:
7FT/2PT
Years established:
1984

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

1,500,000.00 Down & Prime 2% For 60 Months

Furniture / Fixtures value:
$50,000
Inventory / Stock value:
$600,000

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