Parachute & Para-Sailing Equipment Manufacturer
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1122543
Net Profit / Cash Flow $239211
Cash Flow Type EBITDA
Seller Finance No
Year Established 1976
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training The owner will remain for sixty days to ensure ...
Reason for Sale The current owner has made a career in the para...
Description This owner-operated business was established in 1976 and current ownership began in 1994. The original business was developed as a dealer/distributor of parachute equipment. In 1979, the business was expanded to include parachute equipment manufacturing by purchase of another company, which at that time manufactured primarily skydiving jumpsuits. Throughout the 1980's, various ''private label,'' sport parachute equipment were designed, tested, manufactured and brought to market. Due to liability issues and to divide resources, a second company was established in 1986 to manufacture and distribute para-sails worldwide. With growth potential in sales of sport/military parachute equipment and related accessories, a third company was formed for the marketing, sales, and export of parachute equipment, primarily to third world countries. To date, three separate and independent businesses are maintained and are for sale. Contact for more information on this Parachute & Para-Sailing Equipment Manufacturer business for sale.
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