- Boating Industry
This high-quality boat manufacturer is an industry leader in a niche marketplace. This business offers its models nationally & internationally with a strong focus in the greater Southeast United States. This premier full fabrication, boat manufacturer and retailer business manufactures and sells custom and retail ready models that fit the specifications needed and expected by consumers in the business’s market. This business has seen significant growth through its release of various new models over the years and has seen the volume of boat sales increase year over year. This business has a strong social media presence and a loyal consumer base. The business has strong management in place that oversees the tenured and expert production staff. Owners have been removing themselves from day-to-day operations and are looking for a purchaser that can take the business to the next level.
- Tenured and skilled production staff.
- Proven fabrication and manufacturing process.
- Offers various boat models.
- Strong social media and marketplace presence.
- National and international customer base.
The business owns the 50,000+ square feet facility where the business operates and is headquartered. The business currently utilizes and operates in a 21,575 sq feet production and office space and the remaining area in a sperate building is leased to an unrelated third party. There is ample room to grow and develop more buildings on the 6+ acre property. The current production and office space will be offered for lease from owner at favorable terms. The above cash flow has been reduced to accommodate all cost associated with leasing this space. In addition, the Land & Building can be purchased with the sale of the business. This would credit the cost of the lease in the above cash flow; as well as generate another stream of cash flow from the facility that is leased from an unrelated third party, to allow purchaser to pay the loan for the land & building. The purchase price of the business does not include the Land & Building. The Land and Building is being offered for an additional $3,700,000.
Please contract Christian Aunspaugh for more information at firstname.lastname@example.org or (727) 519-5755.This business was recently sold by Viking Mergers & Acquisitions. Please view our other listings or contact us if you are interested in buying or selling a business.