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Relocatable Fishing Boats Manufacturer
Location Tennessee,United States
Asking Price Range $250K - $500K
Gross Revenues $40000
Net Profit / Cash Flow $17000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 1 - 3
Inventory 175000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train for 3 months only if Buyer builds a boat (making the training meaningful).
Reason for Sale Seller seeks to retire due to his age.
Description Relocatable Fishing Boats Manufacturer - This Middle Tennessee manufacturing business can be relocated almost anywhere on our planet where people are found. This manufacturer makes two distinct styles of boats, both of which were recently redesigned. These design improvements have built upon a previous excellent boat design to produce outstanding and highly desirable boats. This business also owns a very desirable patented feature which is incorporated into both boat designs. A distinctive trademark is also included. While production levels have recently been low due to the local market conditions for fishing boats, the rate of boat production can be greatly increased without new development and without great expenditures. The Seller is retiring and seeks a Buyer who can take the business to a higher level. An additional $90,000 of Inventory can be sold with the business and added to the price if desired by the Buyer.
Furniture, Fixtures, & Equipment: $ 175,000
Vehicles and / or rolling stock: $ -0-
Inventory: $ -0-
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ -0-
Other Assets: $ 50,000
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 300,000
Down Payment: $ 60,000
Annual Sales Volume: $ 40,000
Cash Flow: $ 17,000
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