22-Year-Old Marine Products Manufacturer For Sale.
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Asking Price
$2,200,000
Detailed Information
Business Description
An established 22-year-old manufacturer and distributor of patented niche marine products, with a national and international customer base. The business operates through distributors, dealers, and online platforms, offering a range of trademarked products. The operation is easily relocatable and has low overhead costs, requiring only 1-2 part-time employees in addition to the owner to handle daily operations. With annual revenues of $1 million and an adjusted profit range of $400,000 to $500,000, the business is listed for sale at $1.95 million, including $215,000 in inventory. The company specializes in unique marine-related products and has a strong presence in the market, leveraging its patented and trademarked offerings. Utilizing various sales channels, including distributors, dealers, and e-commerce, the business has built a loyal customer base, both domestically and internationally. With minimal overhead expenses and the potential for significant profitability, the operation is streamlined and manageable with a small team, making it an attractive investment opportunity