Business Summary:
Relocatable Fishing Boats Manufacturer – This Middle Tennessee manufacturing business can be relocated almost anywhere on our planet where people are found. This manufacturer makes two distinct styles of boats, both of which were recently redesigned. These design improvements have built upon a previous excellent boat design to produce outstanding and highly desirable boats. This business also owns a very desirable patented feature which is incorporated into both boat designs. A distinctive trademark is also included. While production levels have recently been low due to the local market conditions for fishing boats, the rate of boat production can be greatly increased without new development and without great expenditures. The Seller is retiring and seeks a Buyer who can take the business to a higher level.
Furniture, Fixtures, & Equipment: $ 175,000
Vehicles and / or rolling stock: $ -0-
Inventory: $ 76,000
Accounts Receivable (if included): $ -0-
Land and Building (if included): $ -0-
Other Assets: $ 50,000
Current Liabilities to be assumed: $ -0-
Current Notes to be assumed $ -0-
Asking Price: $ 465,000
Down Payment: $ 93,000
Annual Sales Volume: $ 40,000
Cash Flow: $ 17,000
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