Marine Winch Systems Manufacturing, and Service Company For Sale – Has Accepted Offer

Price: $1,300,000

Annual Revenue: $2,357,000

Net Cash Flow: $606,000

Industry: Manufacturing

Location: New Jersey

This business has an accepted offer. Please view our other Manufacturing Companies for sale

Founded over 20 years ago, the Company is a privately-owned designer and manufacturer of marine winch systems and related products located in NJ. The company is an industry leader and has experience in providing reliable products and services to the commercial Tugboat, Dredging Industries as well as the military. The company is being offered $1.3 million on a debt-free and cash-free basis. The owner is willing to stay for an agreed compensation.

• Strong track record of financial performance with project backlogs and Navy service contracts.
• Superior name and reputation in the industry.
• Unique product line with low cost of manufacturing due to in-house engineering and outsourced production.
• A strong team is willing to stay on after the acquisition.

Operation

Location