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Businesses For Sale   >>   Utah Businesses For Sale

Anchor Krank

Location  Utah,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2001
Number of Employees  1 - 3
Inventory  Retail $400k
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Reason for Sale  Other interests

Description  
Business Summary: Anchor Krank inventory includes - Existing website, 1100 anchor-kranks boxed separately in cases of six. Both fresh water and salt water models. Manufacturing dies, valued at $200,000 -$250,000 to produce in this country. Cranks retail at $149.00 for fresh water and 159.00 for Salt water. This product was chosen by North American Fisherman Magazine as one of the top 20 products of the 2005 Icast show in Las Vegas. Anchor kranks and extra parts total retail value around $165,000.00. Dies $225,000.000. Website and prior development $20,000.00. Anchor-krank easily operates with one hand and offers unlimited line length because your line feeds on and off at the same rate while lifting your anchor or cargo. You'll specifically enjoy these features: *One hand operation *Weighs only 3.5 pounds *Unlimited line length *Lifts up to 60 lbs. *Uses any soft nylon rope 1/8'' to 5/8'' *Lifts anchors / cargo fore and aft, anywhere *Lifts off to stow away when not in use *Positive anti-rotation device *Constructed of corrosive resistant metal *Reach out arm for hull protection Picked best of ''ICAST Show'' 2005 by North American Fisherman Magazine NORTH AMERICAN FISHING MAGAZINE- ''The anchor-krank was one of the most ingenious items of 2005 show!'' LAKE ONTARIO OUTDOOR MAGAZINE- ''Anchor-krank is simple, simple, simple! Total retail value around $400,00.00 Asking $50,000.00


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