Startup High Performance Offshore Boat Manufacture

Listing ID: 700246576

Listing Title: Startup High Performance Offshore Boat Manufacture

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Industry: Manufacturing

Industry Segment: Airplane and Boating Manufacturing

Country: United States

State / Province: Florida


City: Palm Beach County

Asking Price Range: $1.0M - $2.5M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 20 - 34

Business Description:
Investor or Equity Partner $2,000,000 Includes 1 boat valued at $800,000 R&J Marine Technologies LLC is a single owner Limited Liability Corporation in Florida started by Mr. Russell Erickson, an industry veteran with more than 25 years of experience in the boat manufacturing industry. The short term goal of the company is to establish the company, the brand, and to bring a single production model to market with the 47' model. The long term goal and primary objective is to develop R&J Marine Technologies as a leading manufacturer of high speed luxury powerboats in North America. The primary objectives of the company are to profitably produce semi-custom performance powerboats and to establish R&J Marine Technologies LLC as the industry leader with its patented hull and ''Dual Drive'' propulsion options. The secondary objective is to do this in a way that builds upon the company, its brand, customers, and lends itself towards future business growth. The management team of R&J Marine will be led by Russell Erickson as President, and will be composed of industry veterans that can lead the company to manufacturing and profitability quickly, to either sell the company to an industry rival or investment group, or to further develop the company into a power boat segment leader with continued innovative product offerings. For a detailed business and marketing plan please call me 561-801-3125 Russ Erickson

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