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Anchor Krank
Location: United States -> Utah
Industry: Wholesale and Distribution > Wholesale and Distribution

Business Summary

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

''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


Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Retail $400k
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Other interests


View Larger Photo(s) Of Business
Anchor Krank Photo 1 Anchor Krank Photo 2

Print Listing Id: 700190011
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