Business Listing

Business Sold

Listing ID: S41001129-803

BOAT TRAILER MANUFACTURING

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Business Location and Business Sector

Location

Washington, United States ( Pacific North West )

Primary Business Sector

Manufacturing
Transportation Equipment

Sale Price and Terms

Purchase/Sale Price

Purchase/Sale Price $1,800,000 100.0% of Sale Price

Sale Information

This Company has designed a premier, maintenance free product line; the largest manufacturer of such product in the Pacific Northwest with best in quality, durability and performance, and offer state of the art products. The product line covers a broad range and is manufactured in a variety of materials. The product line consists of a series of standard models and numerous custom products.

Custom products, manufactured to customer specifications, are often completed and delivered within a month or less.

The business is located in the Pacific Northwest (Washington), but could be relocated to virtually any location. The business is has sold successfully into both US and Canadian markets, and is positioned to continue to take advantage of both Canadian and American markets.

Sales Breakdown:

  • 2015: USA – 45.33% Canada – 54.67%
  • 2016: USA – 68.31% Canada – 31.69%
  • 2017: USA – 64.23% Canada – 35.77%
  • 2018: USA - 56% Canada - 44.00%

Gross sales First Quarter 2019 - $663,901

The Company take great pride in designing and fabricating superior products that adhere to the highest industry standards.

Sale Price Option 1 (Asset Sale - US dollars):

  • Cash US$1,800,000 or US$1,000,000 down plus VTB finance $800,000 at 10% interest.
  • Seller will sign non-competition agreement.

Sale Price Option 2 (Asset Sale - US dollars):

  • Cash US$ 1,000,000 to purchase USA rights and assets.
  • Seller will sign USA non-competition agreement.
  • Seller will retain all rights to Canada.

Contact Information

For Further Information, please make email contact with persons provided herein and be prepared to enter into (sign) a Confidentiality Agreement with regard to such information.

Business Broker/Agent

Astra Business Brokers

530 Sandbar Place Delta BC 4VL-2L2
http://www.abc-astra.com

Primary Contact

Bob Hughes
604-943-3505
604-240-6164
bhughes@abc-astra.com
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