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Underwater dock lighting combined with incredible earning potential ------ a unique blend of elements which make this business alluring to anyone who loves to be near water and marine life. Started by the present owners in 2004, they are asking 100,000 K which includes inventory as well as furniture, fixtures and equipment ( FF& E ). Gross sales over the 15 years of operation has ranged from 70,000 K - 300,000 K. Illustrating its exclusivity is the fact that it was the first to manufacture an underwater dock light with a user replacement bulb as well as color options. Because of this feature, fish are attracted , security is provided and a beautiful glow emits around a property for a beautiful aesthetic quality. With exceptional quality equipment, the company is the only LED system in the marketplace which allows up to 6 lamps on one control box--- quite a noteworthy feature!
Based in Florida, interestingly, this company has very little competition ; business promotions have been through product videos, TV commercials, pictures and testimonials. Thousands of customers have resulted from this advertising; repeat
customers and repairs have, literally, accounted for thousands in annual earnings. Unfortunately,because of a serious health issue of a family member, the owner has not had the time to promote in the same manner that he had over the years, thus precipitating the sale of the company. Fortunately, underwater lighting has maintained its popularity making it a very attractive proposition. With only one employee, the company has done sales in several countries internationally. Of particular interest to a prospective buyer, the business could actually be operated from a garage, thus eliminating building expenses.
Negotiable items for the purchase of this company are owner financing as well as support and training offered to a new owner. Included in the sale also are buildings and injection molds valued at 112,500 K ; inventory at 3,000 K; tools at $500.00. In addition, a vast customer base is strongly in place and should be characterized as an extremely valuable asset. Also important to note are features of the area in which the business is located (New Port Richey, FL ) : demographics, housing, population and other attractions.
For a prospective buyer who is interested in utilizing creativity in a business which has already made its mark but still has the capability of expansion and high earning potential, this established underwater dock light business may be a perfect fit!
phics, housing, population and other attra
$1,000 per annum
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