Relocatable Fishing Boats Manufacturer For Sale

Business 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.

Furniture, Fixtures, & Equipment: $ 175,000
Vehicles and / or rolling stock: $ -0-
Inventory: $ 76,000
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: $ 465,000
Down Payment: $ 93,000
Annual Sales Volume: $ 40,000
Cash Flow: $ 17,000

Property information

Location:

This business is currently located in Middle Tennessee, but it can be relocated elsewhere.

Premises details:

It is not planned to use the current premises for this purpose after the business is sold.

Size in square feet:

4,000

Planning consent:

N/A

Business Operation

Expansion potential:

This business has great expansion potential, and expansion should be planned going forward to increase the profitability of the business.

Competition / Market:

There is no local competition in the business's current location.

Reasons for selling:

The Seller seeks to retire due to his age.

Trading hours:

7:00 am - 3:30 pm

Employees:

0

Years established:

41

Other information

Support & training:

The seller will provide three months of free training, but only if the Buyer builds a boat (making the training meaningful).

Financing available:

The Seller will finance up to 10% ($46,500) but only if required by a 3rd Party Lender.

Furniture / Fixtures value:

$175,000 (included in the asking price)

Inventory / Stock value:

$76,000 (included in the asking price)

Relocatable:

This business can be relocated.