Business For Sale Listing #BFS-157546:
Marine Product Company Seeks Equity Investor
Industry
Location
Financials
| Sales: |
Not Disclosed |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Fiscal Year: |
January 1st |
| Asking Price: |
Less than $100 Thousand ($50k to $250k) |
Business Summary
"Autotether" is looking for an equity partner to take the company to the next level.The company has developed and patented a marine safety lanyard to the recreational fishing and boating industry.The company's product deactivates a boat's engine or sounds an alarm if the operator or passenger falls overboard or becomes injured. The potential market for these systems is $3 billion in the US alone. After 1 year in production, roughly 1000 systems have been sold and are getting great reviews from consumers and top trade magazines. The company is ready to launch a national advertising campaign and is looking for an equity partner with expertise in branding and marketing to ensure future success through rapid growth. We have a 3 year business plan with a defined exit strategy for review. Please visit our web site for product information.
