Simple Marine Manufacturer

Price: $250,000

Location: New York

Industry: Manufacturing

Listing ID: 1040

This business is currently in an exclusivity period with signed LOI.

Manufacturer of Specialty Mylar Shades, Curtains and Track Systems for the Marine Industry with customers that include US Navy, US Coast Guard, Joiners, Cruise Ships, Oil Rigs. They also sell soft goods such as bunk curtains and ship mattresses drop shipped through a third party. Easy business to run.  Seller wants to permanently retire or close down the business by First Quarter of 2020.   Opportunity to purchase a solid, established business WAY BELOW market value.  IT WOULD BE A SHAME TO CLOSE DOWN THIS PROFITABLE BUSINESS!

• Strong, well-established relationship with long-term B2B Marine Industry customers
• Solid, well run business mostly with orders mainly through emails
• 30% is headache-free drop ship, easy to run
• Very little competition with high barriers to entry
• No marketing, longtime repeat customers
• Valuable domain name included

2018 REVENUE: $630k

2018 EBITDA: $210k

ASK PRICE: $250k (includes business + well-maintained company van + inventory valued at ~$25k)

Gross Revenue: $630,000

EBITDA: $210,000

Reason for Sale:

Retirement

Training & Support:

Will Provide

Year Established: 1979

Employees: 2