Custom Boat Manufacturer In Eastern Ontario For Sale

Business description

Established custom boat manufacturing company in scenic Eastern Ontario enjoys a specialty niche market with virtually no competitors. Products and designs are Transport Canada as well as U.S. and Canada Coast Guard approved providing a lucrative opportunity to supply the needs of all levels of government, public institutions and individual consumers.

Seller owns the property which is well suited to facilitating this type of business and is willing to sell it or lease it back. Business could be easily relocated or added onto an existing enterprise. Sales increased steadily for a number of years. Unfortunately, the owner suffered a serious health issue which has kept him from properly attending the business and has caused a decrease in revenues. The business, however, has a significant list of clients who have expressed interest in acquiring one of their boat products and the seller firmly believes sales can increase exponentially if a new owner takes charge. This opportunity has great potential for growth and is only being offered for sale because of the unfortunate health issues of the owner.

Property information

Real Estate:

Real Property Included

Premises details:

$N/A

Business Operation

Reasons for selling:

Due to health issues the owner has decided to place the business for sale at this time.

Trading hours:

Days: Monday to Friday, Hours: 8:00 a.m. to 4:30 p.m.

Employees:

Full Time: 2

Years established:

17

Other information

Financing available:

Downpayment Required: ON REQUEST
Monthly Payroll: ON REQUEST
Financing is Available

Inventory / Stock value:

$300,000 (included in the asking price)