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Sport Fishing Goods Manufacturer

New Bern, Beaufort, North Carolina (Craven County)

Mfg. - Miscellaneous Manufacturing

Asking Price $250,000 Inventory $10,000** 
Gross Income $206,000 Real Estate  
Cash Flow $96,000 Year Established 1993
FF&E $20,000* Employees 1

* included in the asking price

** not included in the asking price

This is a low tech manufacturer specializes in manufacturing a simple product used by almost every fisherman. The owner has developed a process and delivery system that has found ready acceptance by the distributors to whom he sells. Concentrating primarily on East Coast accounts the company requires a minimum of owner time and is an ideal candidate for a part-time and/or passive income. Financing possible to qualified buyers.

Facilities: The plant consists of 2,000 sq. ft. of leased space and the sale includes tools, dies, jigs and fixtures with a value of approximately $20,000

Competition: Limited domestic competition and no foreign competition on the horizon.

Growth/Expansion: A marketing effort and the addition of a web-site could materially increase revenues.

Financing: Negotiable

Support/Training: The owner will assist in an orderly transition

Reason Selling: Retirement

Business For Sale By

broker

252-222-0001

Sunbelt Business Brokers of Coastal North Carolina

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