This Acquisition Could Lead To A Very Large Business
Relocatable Fishing Boats Manufacturer – PRICE REDUCED FOR A QUICK SALE! This Middle Tennessee manufacturing business can be relocated almost anywhere on our planet where people are found. This manufacturer makes three 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 all three 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. Additional Inventory can be sold with the business and added to the price if desired by the Buyer.
Furniture, Fixtures, & Equipment: $ 180,000
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: $ 160,000
Down Payment: $ 32,000
Annual Sales Volume: $ 40,000
Cash Flow: $ 17,000
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
The facilities are not included in the sale.
There are no competitors near where the business is currently located.
- Growth & Expansion:
Expansion via increased sales is needed to make the business profitable. Adequate equipment exists to support this expansion.
Up to 10% ($16,000) if required by 3rd Party Lender
- Support & Training:
Three months, but only if the Buyer is willing to build a boat (making the training more meaningful).
- Reason for Selling:
Seller seeks to retire due to his age.
The information in this listing has been provided by the business seller or representative
stated above. BizBuySell has no stake in the sale of this business, has not independently
verified any of the information about the business, and assumes no responsibility
for its accuracy or completeness.
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