Manufacturing-boat motors. Established over 40 years ago-“legacy brand” trolling motor-engine mounted can be operated remote with hand held electronic device. Quiet durable comes with various thrust depending on need (boat size); company also offers repair parts and service.
Currently owned by a company engaged in a variety of manufacturing and not focused on selling this product; new owner can grow sales. On major competitor and products are comparable in quality-but this product can be made and sold for less money and be quite profitable. Margins now are about 30 to 40% on motors and 50 to 90% on parts. Most manufacturing is outsourced. sales through retailers, distributors and some catalog sales. E bay and Amazon offer great sales growth opportunities.
Business must be moved-need about 1000 square feet. Asking $40,000 for the tooling, plus inventory at cost (now about $30,000).
