Business Summary:
This is a long established, 1837, diving equipment manufacturer. All products are made in America. The products are sold to the U S Military as well as divers and collectors all over the world. The owner operates with minimal staff, and the lead time on orders run from 6 month to 12 months. A new owner could speed that production up with more trained staff, and definitely increase sales.The owner also is a distributor for many fine lines of related equipment. All products are the finest quality, and the company enjoys a world wide reputation for excellence. As you can see, the assets far exceed the selling price. Beside the inventory and equipment, other assets include a very large data base of customers, 1000 drawings and patterns, a quality control lab, and a great web site. This is a wonderful opportunity for another related manufacturer, or a smart entrepreneur with the necessary financial ability to grow this into a much more aggressive and more profitable business. If you feel you are qualified, and you have the financial ability, please call me, Neil Meislin 315 732-1439.
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