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Trademarked Marine Products Manufacturer/distributor In Minnesota For Sale

Minnesota, US
Asking Price:
$2,200,000 Furniture / Fixtures included
Sales Revenue:
$947,301
Cash Flow:
$405,823

Twenty-two-year-old patented and trademarked niche marine related products manufacturer/distributor. Products are sold through distributors, dealers, and websites. This business has a National and international customer base and is TOTALLY RELOCATABLE. Very minimal overhead costs and requires only 1-2 part-time employees outside of the owner to manage daily operating activities. Annual Revenues at $1 M with an adjusted profit range of $400K to $500K+. Asking price is $1.95MM, plus $215K in inventory.

For more information, please contact Chris Lappen.

Property Information

Real Estate:

Lease

Lease Terms:

Per Month

Leasehold Rent:

$3,600 per annum

Size in square feet:
6000 sq ft

Business Operation

Reasons for selling:

Other Interests

Trading hours:

8am to 4pm

Employees:
1 Part-time
Years established:
22

Other Information

Support & training:

Negotiable

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$150,000