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Patented Float Craft Manufacturer For Sale

Maine, US
Asking Price:
$60,000 Furniture / Fixtures included
Sales Revenue:
$100,000
Cash Flow:
$28,000

This small manufacturer builds a unique, patented watercraft. The products are sold directly to customers and through several select dealers.

The business is growing with numerous opportunities to increase sales through direct distribution, design licensing, or franchising.

Property Information

Real Estate:

Lease

Leasehold Rent:

$9,600 per annum

Premises Details:

The business uses a small facility for manufacturing with additional space for storage.

Size in square feet:
1,200

Business Operation

Expansion Potential:

The business tripled growth in its second year, has a patent protected product and various opportunities to scale up sales.

Competition / Market:

The business has received dealer demand from around the country and Canada. The product is in a unique category and its price point makes it very competitive.

Reasons for selling:

Not enough time.

Employees:
2 PT
Years established:
Established in 2019

Other Information

Support & training:

Seller will provide transition training for a new owner.

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

Seller and Bank Financing TBD. Working Capital needed $20,000

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$40,000