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Businesses For Sale   >>   Rhode Island Businesses For Sale Categories   >>   

Yacht Manufacturing

Location  Rhode Island,United States
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $20000000
Net Profit / Cash Flow  $1400000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1900
Number of Employees  100 - 200
Inventory  4000000
Relocatable  Not Disclosed
Number of Employees  100 - 200
Real Estate  Leased
Training  Yes.
Reason for Sale  Retirement.
Description  106 Yr old European Manufacturer, that was doing $150 - 200M in 70's with engine div. and Volvo-Penta bought it spun off the Yachts to US Mfg. The Brand now has Mfg in US / China and has huge growth potential back in Europe. $20M rev's 7% margins although yacht is priced 15% under market values. 15% growth could be 25%+ with financial investor. Has only 20+ Dealers US they buy 95% current US production, business can be expanded rapidly using China Plants, for both domestic asian and european clientele. Contact for more information on this Yacht Manufacturing business for sale.
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