Manufacturer Of Diving Equipment Well Established
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $250000
Net Profit / Cash Flow $100000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1900
Number of Employees 4 - 5
Inventory 1450000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Full support and ongoing training will be provided.
Reason for Sale Retirement.
Description 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, 1,000 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 email or call me for more information on this Diving Equipment business for sale, Neil Meislin 315 732-1439. Asking $650,000.
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