Annual Revenue: $2,357,000
Net Cash Flow: $606,000
Location: New Jersey
Founded over 20 years ago, the Company is a privately-owned designer and manufacturer of marine winch systems and related products located in NJ. The company is an industry leader and has experience in providing reliable products and services to the commercial Tugboat, Dredging Industries as well as the military. The company is being offered $1.3 million on a debt-free and cash-free basis. The owner is willing to stay for an agreed compensation.
- Strong track record of financial performance with project backlogs and Navy service contracts.
- Superior name and reputation in the industry.
- Unique product line with low cost of manufacturing due to in-house engineering and outsourced production.
- A strong team is willing to stay on after the acquisition.
Monthly Rent: 6000
Square Footage: 5000