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Historical Marine Manufacturing Company
Location: United States -> Massachusetts -> Rockland
Industry: Manufacturing > Other Manufacturing



Business Summary

World famous historical manufacturer in the marine manfacturing supply business. Company established in 1837 on the waterfronts of Boston. Contact for more information on this Marine Manufacturing business for sale. PRODUCTS ALL AMERICAN MADE. Even in this economy orders come every day.

This business includes $850,000 worth of assets, 200plus mold Patterns , a fully functional machine shop, Thousands of engineering drawings some dating back to 1898, all original, a milspec gage lab for inspection, and a customer list in the 1000's known the world over. We sell to the navy and customers worldwide,Owner will stay on for 3 months . Owner will also work up to a year or more at a small salery to train and teach. You will not be abandoned It is important for a 174 year old company to continue, Contact us for more information. Thankyou.

Financials
Asking Price Range:  $500K - $1.0M
Gross Revenues:   $300,000
Cash Flow:   $105,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $850,000
Seller Financing:  Not Disclosed

About The Business
Year Established:  1900
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale
Management Training and Support:  Yes. Owner will stay on to train as part of sale longer a possibility.
Reason For Selling:  Owners wish to retire . We are old and tired

Photos

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Historical Marine Manufacturing Company Photo 1 Historical Marine Manufacturing Company Photo 2 Historical Marine Manufacturing Company Photo 3




Print Listing Id: 70023874
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