Innovative Power/Sailboat Manufacturing

Oxnard, CA (Ventura County) (Relocatable)

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Asking Price: $350,000

Cash Flow: N/A

Gross Revenue: $283,000

EBITDA: N/A

FF&E: $185,000

Inventory: $110,000

Rent: $3,000 /Month

Established: 2017

Innovative Power/Sailboat Manufacturing

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Business Description

Award Winning Innovative Marine Manufacturing Fun Lifestyle Business

If The Boating Industry is a category that excites you then then Ventura Sportboats an award winning company will afford you an opportunity to step aboard a great interesting lifestyle business! The opportunities are worldwide, the export side of the business is achievable, and the travel experiences are boundless. The financial rewards are many. The opportunities for growth are in the multiple digits.The manufacturing location of Ventura County is a wonderful place to live. The creative aspect of building a boat and bringing it to the market is very satisfying and quite interesting. It magic when your product is launched your customer is smiling and the invoice is paid. BOAT stands for Best Of All Times. We are in the pleasure boating category and Sailing Boats have that extra added dynamic environmental benefit and a skill set that is very exciting to learn. Our current production is the Malbec 18 which entered the market is 2017 with a Sail Magazine Award. Its now in its second year and has gain a place in the Pocket Cruising Class of small yachts. The trend of outdoor living styles camping and traveling is a perfect growth area that will allow for double digit growth as our products are introduced and gain a place in marketplace. With an innovative business approach and a savvy marketing campaign the company will achieve a well scaled economic achievement. The second boat we have on the boards is a innovative cross over design which addresses the love of sailing with the added benefit of fast motoring. Its main concept is that its easy to sail for the novice and a joy to power for the people who want to get to their destination with a powerful motor and high speed. We have had many requests for the V-2300 customers world wide. Our marketing and show experience has proven the demand for this category.
Currently there is a void in the offering for this type of boat. If you are the type of Entrepreneur that enjoys building a vision and a company then the foundation is set for that path.
I would consider staying aboard and being part of the management and ownership if that approach seems to be the right fit. Please contact me for further information and a visit to see what we have to offer. The factory can be relocated very easily to most locations around the country or world wide.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Subleased Facilities 3000 square feet. All the equipment to manufacturer the Mabec 18' Molds jigs hoists and tools. Deck and Hull Molds for the Ventura 2300. Process sheet,s time sheets, costing models, customer base sheets, prospect sheets, vendor list and parts,
Competition:
The Recreational boating market is one of the larger components in recreational outdoor industry in the US and overseas. Water sports have a following of over 140 million people yearly and there are 12 million registered boats in this country. The majority of the boating is Power driven with sailing and other aspects being about 15% of the market. Sailing is poised for growth with younger people families . Its crosses over to camping and all other outdoors activities. Our Pocket Cruising niche market is absent of much competition.
Growth & Expansion:
Outdoors activities on the rise, and the retirement of healthy active baby boomer a reality, boating and sailing is a growth market both here and abroad. Smaller Sailboats are appealing to seasoned boaters for cost, ease of operation and downsizing. Growing the company is achievable through dealer network product introduction and Social Media activities. Market share can be gained with reaching out to areas that were previously not reached. More information is available during due diligence. Doubling and tripling sales is the plan with the V 2300
Financing:
Partial minority ownership considered
Support & Training:
Support and Training can be flexible and complete. I will be able to assist with sales training and guidance. My extensive experience and passion for the business will be very apparent in the transition period. I can help guide your growth ideas and assist with the implementation.
Reason for Selling:
Age and financial point in my life. Would entertain partial participation
Business Website:
http://venturasportboats.com
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Business Listed By:
Ken Lange

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