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Business For Sale Listing 157546

Marine Product Company Seeks Equity Investor

Status as of Jan-7-2009 at 05:59 PM: Off The Market

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.


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Industry

Sector: Manufacturing
Industry: Electrical Equipment, Appliances & Components

Location

Classification: United States // New England States // Connecticut // Other Connecticut
Location: Chester Connecticut

Financials

Sales: Not Disclosed
Profits: Not Disclosed
Profit Type: Not Disclosed
Fiscal Year: January 1st
Asking Price: Less than $100 Thousand   ($50k to $250k)
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