Innovative Marine - 11637
SOLD
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Description
Twenty-two-year-old patented and trademarked niche marine related products manufacturer/distributor. Products are sold through distributors, dealers, and websites. This business has a National and international customer base and is TOTALLY RELOCATABLE. Very minimal overhead costs and requires only 1-2 part-time employees outside of the owner to manage daily operating activities. Annual Revenues at $1 M with an adjusted profit range of $400K to $500K+. Asking price is $1.95MM, plus $215K in inventory.