Manufacturing-boat motor

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 $60,000 and the sale includes inventory of $40,000 to 50,000-at cost-and about $40,000 in tooling.

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Bob Griesgraber

About Bob Griesgraber

Co-founder-President-Opportunities in Business. Established in 1981. Graduate-University of Minnesota, B. A. Graduate University of Missouri, M. S. Graduate University of Pennsylvania-Wharton School, Strategic Management. Member: International Business Brokers Association, Institute of Business Appraisers, Institute of Certified Business Counselors,Society of Business Analysts. Licensed-State of Minnesota

Contact the listing agent to learn more.