Start up boat manufacturing business-owner makes a boat to pick up trash out of the water -excellent for marinas, lakes and streams. Unique -with no known competition; owner is a 78 year old engineer with other patented marine products. Now that the boat is designed and tested with a couple sold and in use-the owner wants to sell and retire.
Boat is made with marine grade aluminum and is operated (one person) with hydraulics. First designed and tested in 2017-now redesigned with improvements- including an onboard trash receptacle.
Boat costs about $20,000 to make-manufacturing sub contracted -owner paints, assembles and ships from a 1000 square foot facility in Northern suburbs of the Twin Cities. (Business will need to be moved).
Sale includes two boats-about $26,000 in other assets. Asking $130,000.