Historical Marine Manufacturing Company
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $300000
Net Profit / Cash Flow $105000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 4 - 5
Inventory $850000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Yes. Owner will stay on to train as part of sale longer a possibility.
Reason for Sale Owners wish to retire . We are old and tired
Description World famous historical manufacturer in the marine manfacturing supply business. Company established in 1837 on the waterfronts of Boston. Contact for more information on this Marine Manufacturing business for sale. PRODUCTS ALL AMERICAN MADE. Even in this economy orders come every day.
This business includes $850,000 worth of assets, 200plus mold Patterns , a fully functional machine shop, Thousands of engineering drawings some dating back to 1898, all original, a milspec gage lab for inspection, and a customer list in the 1000's known the world over. We sell to the navy and customers worldwide,Owner will stay on for 3 months . Owner will also work up to a year or more at a small salery to train and teach. You will not be abandoned It is important for a 174 year old company to continue, Contact us for more information. Thankyou.
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