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21 Year Old Retail E-Commerce and Distributor of Boating Accessories

United States
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    21 Year Old Retail E-Commerce and Distributor of Boating Accessories

    Asking Price:

    $1,100,000

    Gross Revenue

    $1,300,000

    EBITDA

    305531 (SDE)

    Inventory

    100000

    Property ID:

    L#20210056

    Country

    United States

    Description

    Unaffected by Covid, this business grew 29% in 2020 on top of 22% in 2019.  This is a 21-year-old company who is a leading internet retailer of personalized boating products with retail location and distribution sales.  Company has a manufacturing presence to customize and personalize a variety of unique boating accessories.  Company is one of the leading distributors in the U.S. of the portable desalination systems.

    • Distributes products to host of internet retailers and Amazon
    • Name brand recognition within the marine industry
    • Strong vendor relations with industry leaders
    • Great business location with under market lease.  Building 6,000 sq ft plus 5,000 sq ft of fenced space which has rental income.
    • Small loyal, dedicated work force
    • Assets include manufacturing equipment, inventory, purchase orders, receivables, email/customer lists.

    Detail

    Updated on April 14, 2021 at 7:39 am

    Property ID:L#20210056
    Property Type:Internet Businesses
    Property Status:For Sale
    Asking Price: $1,100,000
    Gross Revenue:$1,300,000
    EBITDA:305531 (SDE)
    FF&E:$190,000
    Inventory:$100,000
    Reason for Selling:New Venture
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