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Businesses For Sale > Business For Sale in Cateret County, North Carolina (NC)

Manufacture, Distribute, Import, Sportsmans Tools And Accessories For Sale for sale in Cateret County, NC

Cateret County, North Carolina (NC)

Asking Price: Gross: Cash Flow:
$ 429,000 $ 742,000 $ 75,000

Furniture and Fixtures Value:
$ 118,000 (included in the asking price)

Inventory Value:
$ 181,000 (included in the asking price)

Business Summary:
Manufacture, Distribute and Import Sportsman's Tools and Accessories For Sale For Only $429,000. Established in 1993, the company has sold over $18,000,000 of Fishing, Hunting, Outdoor Tools and Accessories to Sports Enthusiasts. Currently 270 products are marketed by the company and sales agents throughout the U.S.A, Canada and the Caribbean. Tri-Level Marketed to distributors, chain stores, catalogers and wagon jobbers etc. Products are 70% imported and 30% domestic-- sold under company owned brand names of "Angler's Choice", "Freight -Train Stand N Fight Systems", "Sportman's Select" and "SunCoast Seafood" tools and accessories. Light manufacturing, assembly and packaging. Most all products offered to vendors in various packaging configurations to meet their needs and economies of scale. Company has in-house sewing department to manufacture/assemble proprietary brand products. Potential Owner must have interest/ability to develop several new products each year. Sale includes approximately $181,000 worth of inventory plus approximately $118,000 worth of Equipment, Fixtures and Molds. Month to month rent is $4,000 for 6,000sq.ft. that includes 20 hour secretary and all utilities. Current Accounts Receivable are approx. $100,000.Owner selling to spend more time with family and pursue other interests. PRICE IS FIRM TO QUALIFIED BUYER! Owner financing with $279,000 down payment and finance remaining $150,000 with favorable terms. Call to hear more about this turnkey business.

 

   
Facilities / Terms of Lease: Located in Carteret County, North Carolina known as the “The Crystal Coast” with miles of white sandy beaches, natural beauty and mild climate. Well known as "Sportman's Paradise", the county has a distinctive cultural heritage coupled to its historic port cities. The area offers great boating, fishing, golf plus a diverse array of seafood restaurants. Home of several military bases and long established marine trades, the area is becoming well known for marine science education and technology programs.  
   
Potential Growth/Expansion: Expansion potential limited only to new Owner's willingness to work. Turnkey Operation.  
   
Competition: Some healthy competition. Market rewards innovation.  
   
Owner willing to finance: Owner offers financing with $279,000 down payment. Owner will finance the $150,000 remaining with favorable terms for serious buyer.  
   
Owner willing to train: Owner will offer training and support to new motivated hands on buyer  
   
Reason for selling: Owner wants to spend more time with family and pursue other interests.  
   
Seller Reference Number: mb1596
BusinessMart.com Listing Number: 157123
 

 

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For more info contact:

James Baker

Matchmaker Business Inc.
321-452-3462

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