MergerPlace

Niche Tender Boat Manufacturing Company

Florida (Broward)


  • Asking Price: $249,000
  • Gross Income: $120,495
  • Cash Flow: $2,328
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $59,430
  • Listing ID: #211294
  • Established: 2005
  • Employees: 2 FT

Business Description

This company specializes in the manufacturing of rigid bottom inflatable boats. They have proprietary designs and molds for three size tender boats of their own brand. The company started operations in 2005. All the operations are subcontracted. Their reputation precedes them. They are known in the marine industry and have a very well established internet sales business. Their internet presence is one of the best in the business as it relates to their products and services. They are centrally located off of major highways and roadways. They are within walking distance to major boat yards and marinas. This successful firm is fortunate to be located in the best city in the world for their yacht tender business. Their location is considered "The Yachting Capital of the World". Business may qualify for a VISA.


Business Details

Primary Business Category: Manufacturing - Transportation Equipment
Location: Florida
County: Broward

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2 FT

Financial Information

Asking Price: $249,000
Gross Revenue: $120,495
Cash Flow: $2,328
FF&E: $59,430
Seller Financing Available: No

Property Information

Facilities:

No need for a special manufacturing facility - they subcontract all their manufacturing and assembly operations. They do their sales through their sister company, which is a well-established boat tenders dealership (Refer to Listing #14555 - ask for broker).

Growth & expansion opportunities:

This niche tender boat manufacturer is poised and is in a very strong position for future growth. Based on their excellent designs, the correct sizes of tenders and the perfect mix of sizes and shapes - they can have an explosive growth in the hands of a well-capitalized buyer with a vision.

Competition:

There are very few tender boat manufacturers worldwide and the world market is wide-open. One of the many advantages that they have is the fact that they manufacture three sizes of tender boats that are not readily available anywhere. They are truly in a niche space and a reputable manufacturer/dealer in their industry.

Reason for selling:

Owner is ready to retire.

Support & Training:

Will train for 3 weeks @ $0 cost. They have all of their approved licenses filed with the city where they operate. The ideal buyer would have the following traits: slight manufacturing knowledge, a sales ability, warm service oriented personality, detail and task oriented and a knowledge of boats would be helpful. Marketing knowledge would be extremely helpful in growing the sales aspect of this niche boat manufacturing company. Seller will train the buyer with their operational procedures and the way of doing business.

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Business Listed By:

Anton Joro

Murphy Business Brokers