Leading Marine Product Company, Riviera Beach, FL

Featured on BizBuySell.com . 36 viewed

Asking Price

$480,000

FOR SALE - ACTIVE

Detailed Information

Location

Florida (Relocatable)

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This established marine product company, in operation for over 35 years, specializes in serving a specific segment of boaters. Its reputation as a leading manufacturer and distributor in the niche has set it apart from competitors, with steady revenue and limited competition. The current owner's plan to retire presents a unique opportunity for a new owner to maintain and expand the business, with room for growth into a new architectural market. Despite the impact of the Covid-19 pandemic, which led to increased sales as more people sought recreational boats, the business has remained resilient and is now back to pre-pandemic levels. The owner's strategic foresight included expanding into the architectural market, creating potential avenues for further growth. With a seasoned workforce already in place, a smooth transition is anticipated for any prospective buyer, whether a new entrepreneur looking to grow the company or an existing marine products manufacturer seeking an acquisition. This company's successful track record, loyal customer base, and unique market positioning make it an attractive investment opportunity. The facility

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Listed By:

Name : Todd Zielinski

Phone Number : Show Phone number

Todd Zielinski typically replies in about 7 minutes

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