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Yacht Manufacturing
Location: United States -> Rhode Island
Industry: Manufacturing > Airplane and Boating Manufacturing




Business Summary

106 Yr old European Manufacturer, that was doing $150 - 200M in 70's with engine div. and Volvo-Penta bought it spun off the Yachts to US Mfg. The Brand now has Mfg in US / China and has huge growth potential back in Europe. $20M rev's 7% margins although yacht is priced 15% under market values. 15% growth could be 25%+ with financial investor. Has only 20+ Dealers US they buy 95% current US production, business can be expanded rapidly using China Plants, for both domestic asian and european clientele. Contact for more information on this Yacht Manufacturing business for sale.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $20,000,000
Cash Flow:   $1,400,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $4,000,000
Seller Financing:  Yes

About The Business

Year Established:  1900
Number of Employees:  100 - 200
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retirement.




Print Listing Id: 70026905
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Also See: Franchise Opportunities > Franchise Resales > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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