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Business for Sale Summary

Boating Manufacturer for sale in Ocean County, NJ - 32448

Business Type: misc. manufacturing/non-classifiable,seller financing available,mfg businesses
Boating Manufacturer for sale in Ocean County, NJ
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Financial Information (non-confidential)

General Information
Asking Price $2,000,000 Down Payment $1,500,000
Gross Revenues $2,198,300 Lease Remaining Register Free to View
Owner’s Cash Flow $510,100 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and Prime 2% For 60 Months

Business Description

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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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.