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Eco-Friendly Sailboat Manufacturer with Electric Propulsion & Growth Potential

San Luis Obispo, California, United States
Manufacturing
Company Data
Price
$95.0K
8%
Revenue
$125.0K
Top 10%
Profit
$10.0K
0.8X
Business Overview
About the Company
Located in the scenic San Luis Obispo County, CA, this award\-winning sailboat manufacturing and sales company offers a unique opportunity with a streamlined, low\-overhead business model\. By utilizing outsourced manufacturing, this company avoids the high costs of in\-house production, making it easily relocatable and highly efficient\. The focus on sustainable boating solutions, including electric propulsion outboards, positions the company at the forefront of the industry's eco\-friendly shift\. Key Features: Innovative Hybrid Sail/Power Boats: The V 2300, currently in pre\-production, is set to be an award\-winning hybrid sport sailboat that appeals to both sailing enthusiasts and environmentally\-conscious consumers\. Electric Propulsion Focus: As a dealer for E\-propulsion electric outboards, this company is ahead of the curve in the growing market for sustainable boating solutions\. Outsourced Manufacturing: Boats are built under contract, avoiding the overhead costs associated with maintaining a manufacturing facility\. Growing Market: The boat industry is experiencing a resurgence, especially post\-COVID, with more people seeking outdoor activities\. Additionally, rising fuel costs and environmental concerns are driving increased interest in sailing and electric propulsion options\. Growth & Expansion Opportunities: The business is actively developing dealer networks in North America and Latin America, with significant growth potential in these expanding markets\. Support & Training: The current owner is willing to provide full training and stay on as a sales and marketing associate\. The owner is also open to partnership opportunities, shareholders' agreements, and potential owner financing for the right buyer\. Reason for Selling: The owner, having recently turned 70, is looking to transition toward retirement while still maintaining involvement in the business\. Explore this exciting opportunity to be part of the future of boating with a company that combines innovation, sustainability, and profitability\.
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