$1,295,000.00
Asking Price
Status: Active
Posting ID: 284571
1/8/24
Description
This celebrated Southern California based high performance sport and work boat manufacturer boasts nearly 60 years of goodwill. The second-generation family-owned company’s watercrafts, which are between 20 and 42 feet in length, are fixtures in the professional diving, fishing, surfing, research, patrol and sheriff departments due to their durability and ability to remain highly stable in heavy swells. As a result of their utility and functionality, these vessels are ever present in offshore waters from Alaska to Mexico and Hawaii. The company sells direct to the consumer and regularly maintains a 1-2 year deposit-based waitlist.
This business operates out of a production yard with an office, and several enclosed materials rooms and work sheds. The office and yard lease for $6,805 per month on a secure lease with options to be negotiated. All of the company’s furniture, fixtures, equipment and goodwill be included in the sale. The seller will agree to work for a reasonable transition prior, and may consider remaining the ‘face’ of the company for an agreed upon period depending on the overall offer and terms.
While the commercial boating industry is a competitive one, few manufacturers could hope to have the name recognition and respect that this company has established in its vessels. In fact, despite being build constructed and marketed for their functionality, the company has seen a dramatic increase in well healed leisure boat clients that appreciate the boat’s durability and performance characteristics in the large swells near the Channel Islands, Alaska and Hawaii. Needless to say, few category competitors can claim to possess comparable hull designs, craftsmanship or customized options that allow this firm to attract leisure boaters to their commercial crafts with few amenities!
New management may take this legendary company, which is the epitome of a mom-and-pop lifestyle business, in any number of directions to realize its significant growth potential. To begin, the company has operated at near capacity for its entire existence. In fact, customers anticipate a 1-2 year waitlist, and know they can only order limited units at a time due to customer demand coupled with the production yard’s limitations. Historically, they can only accommodate 12 to 24 boats per year based on order sizes (they can do 2-20’ boats per month, but a 40’ unit may take over a year). With a new conversion facility, supply can not only be streamlined, but significantly expanded at a reduced cost. Also, each craft is custom made, which necessarily impacts efficiencies and costs. New operators may wish to continue in this tradition, but they may also carry an inventory the most popular ‘staple’ models or they may choose to outsource their unique fiberglass hull production component - where an estimated 25% cost savings may be realized if the hulls, which constitute 40% of the cost (at 50% of the man hours), are created via vacuum infusion injection molding instead of a manual method. Additional savings may be realized by purchasing key materials, resin and components in bulk.
From a sales perspective, the company hasn’t truly actively promote its vessels as they have lacked the capacity to meet demand. If they had a larger production facility and could carry inventory they could attend professional and personal craft trade shows, establish a retail presence by opening a showroom or establishing a dealer network. If they were capitalized, they could not only stock ready-made units, but they also could self-finance orders (rather than rely on progress payments or commercial loans) which local municipality and government contracts require. Being capitalized or having a sufficient credit facility, coupled with the ability to scale production, also opens the door for local and federal agencies (e.g. harbor patrol, fish and wildlife, the coast guard, etc.). that approach them to purchase several units at a time, without progress payments.
Commercial fishing, diving, harbor patrol and other clients have expressed an interest in leasing units, however, the company does not have the conversion facility or capital to cover construction costs, let alone have the bandwidth to set-up and manage a lease program. New management may launch a specific division to focus on this. For some of these clients whose needs are harbor, bay or coastal based, new operators may also consider developing a lighter, less formidable bay boat hull design.
Finally, since mass production hasn’t been possible, no efforts have been made to become an approved vendor for federal, military or Department of Defense contracts. If the company were an approved vendor, or if were owned by a qualifying party favored in such contracts (female, minority, veteran) additional avenues for growth may exist.
To get more information about this Sport And Work Boat Manufacturing - 60 Years business for sale in Los Angeles County please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #284571 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Sport And Work Boat Manufacturing - 60 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.
Contact
Details
Asking Price: $1,295,000.00
Down: $1,295,000.00
Cash Flow: $129,556.00
Revenue: $1,326,255.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Cash flow
$111,384
Revenue
$250,257
Down
Call/Email
Posting: 288352 | Available | 5/7/25
We are excited to present a well-established sign manufacturing company in San Diego County, offering a unique opportunity to enhance your existing operations and grow your market presence. Benefit from a robust portfolio of longstanding client accounts.
Asking Price
$100,000
Cash flow
$233,904
Revenue
$317,882
Down
Call/Email
Posting: 288192 | Available | 5/8/25
A leader in precision measurement instrumentation, offering cutting-edge solutions for sound analysis. With 45 years of industry experience, they manufacture and import high-quality equipment, holding two trademarks and meeting IEC 61094 standards. Products serve environmental noise monitoring.
Asking Price
Call/Email
Cash flow
$745,000
Revenue
$1,900,000
Down
$3,250,000
Posting: 281624 | Available | 5/10/25
This Northern California exhaust component manufacturer is a California S-Corporation that has been in business for the past 54 years and under current ownership for the last 31 years. They offer a complete line of exhaust components for Exhaust Fabricators.
Asking Price
$3,250,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 287577 | Available | 5/12/25
This dealership is a leading supplier of high-quality and affordable power sports products in Northern California. The dealership offers a wide range of vehicles including ATVs, dirt bikes, motorcycles, electric bicycles and scooters.
Asking Price
$90,000
Cash flow
$657,816
Revenue
$2,786,701
Down
$3,200,000
Posting: 284829 | Available | 5/12/25
For sale is a controls systems & product engineering company specializing in sensors & MMI controls with over 25 years of history. It was originally started as a product development firm and in the past 40 years has been transitioned into a product manufacturing company.
Asking Price
$3,200,000
Cash flow
$171,119
Revenue
$406,684
Down
Call/Email
Posting: 286863 | Available | 5/12/25
Explore this opportunity with a service provider in the repair, service and sales of component-level board repair for ATE Integrated Circuit test systems. With expertise that spans many manufacturers, this provider offers field services and scheduled calibrations for seamless client operations.
Asking Price
$799,000
Cash flow
$4,332
Revenue
$97,117
Down
$45,000
Posting: 280801 | Available | 5/12/25
Step into ownership of a thoughtfully built, premium women's athleisure brand designed for today's market and tomorrow's growth.
Asking Price
$45,000
Cash flow
$80,000
Revenue
Call/Email
Down
Call/Email
Posting: 291131 | Available | 5/8/25
Well-structured, easy-to-run business with consistent demand and a proven product line. This business is a turnkey furniture manufacturing company specializing in pre-designed office and retail store furniture. This is a streamlined operation with established systems.
Asking Price
$166,000
Cash flow
$254,000
Revenue
$790,000
Down
Call / Email
Posting: 289688 | Available | 5/10/25
This glass replacement and repair business has a 29+ year reputation for excellent service at a reasonable cost. They serve Santa Clara and San Mateo Counties and some surrounding areas.
Asking Price
$289,000
Cash flow
$100,000
Revenue
$800,000
Down
$499,000
Posting: 286865 | Available | 5/10/25
This Northern California based Custom Cabinet Manufacturer is a California Sub-Chapter S Corporation that has been in operation for the past 42 years. They have been creating beautiful factory direct cabinets since 1980.
Asking Price
$499,000
Cash flow
$74,558
Revenue
$159,000
Down
$425,000
Posting: 292526 | Available | 5/7/25
This is an established saw sharpening business that has consistently delivered superior sharpening services, earning loyal customers across generations. This business was negatively impacted by COVID yet has turned around and is running smoothly. As industries evolve, the demand for sharpened blades
Asking Price
$425,000
Cash flow
$367,571
Revenue
$1,350,000
Down
$1,500,000
Posting: 277815 | Available | 5/10/25
This Northern California non-surgical hair replacement company is a California S Corporation and was started more than 23 years ago, and under current ownership since inception. They offer hair loss prevention and regrowth products and treatment services, wigs and toppers, and more.
Asking Price
$1,500,000
Cash flow
$45,000,000
Revenue
$160,000,000
Down
$2,400,000
Posting: 289768 | Available | 12/10/24
15-Year Precision Machining Manufacturer for Aerospace & Military
Asking Price
$240,000,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 291532 | Available | 4/24/25
Full bar and restaurant for sale in Downtown Hayward. Contemporary sports bar with vegan tacos and birria fries, plus multiple TVs. There is type 47 hard liquor license along with kitchen in back. 1100 square feet with indoor and outdoor seating. Lease amount is $4515.00.
Asking Price
$230,000
Cash flow
$116,000
Revenue
$244,740
Down
Call/Email
Posting: 286108 | Available | 4/12/24
Incredible opportunity awaits to own a successful watersports rental business nestled in one of South OC's most prestigious beach communities.
Asking Price
$295,000
Cash flow
$180,000
Revenue
$600,000
Down
Call/Email
Posting: 290159 | Available | 1/14/25
This sign company is located in San Francisco Bay Area and was established 40 years ago. They covers all area of Northern California. the company provide full service including sign design, approval, manufacturing and installation. Customers just need a phone call for signs and everything is done.
Asking Price
$195,000
Cash flow
$597,000
Revenue
$120,000
Down
Call/Email
Posting: 288170 | Available | 2/24/25
Step into ownership of a well-established independent bike shop with a proud long year history serving the local community in Ventura. They serve two markets: Bike sales/repairs and Bike Rentals. This bike shop is more than just a retail space it's a one-stop destination for all things cycling.
Asking Price
$250,000
Cash flow
$49,638
Revenue
$421,021
Down
Call/Email
Posting: 292582 | Available | 5/1/25
Fantastic baseball and softball specialty sporting goods store. We are THE baseball authority serving the entire Bay Area! We carry all major vendors and will get you into the good stuff.
Asking Price
$315,000
Cash flow
$786,246
Revenue
$2,453,710
Down
Call/Email
Posting: 288402 | Available | 3/5/25
This is a rare opportunity for an experienced entrepreneur or Business Owner in the supplement industry to acquire a well-established international Company specializing in the development and sale of superior bulk ingredients.
Asking Price
$6,800,000
Cash flow
$313,178
Revenue
$885,288
Down
Call/Email
Posting: 291078 | Available | 3/12/25
Established in 1985, this Silicon Valley custom cabinetry business has a stellar reputation, 35% average profitability, and a loyal client base. With $885K avg. sales, a 4.8-star Yelp rating, and a skilled employee, it's priced at $625K. Includes training great opportunity for growth!
Asking Price
$625,000
Cash flow
$566,671
Revenue
$7,034,203
Down
Call/Email
Posting: 276133 | Available | 10/8/24
The presented opportunity is for one of northern California's most well-established and successful Powersports dealerships, serving the California Powersports community for over 50 years. The business represents several of the most desired brands in the marketplace. Turnkey and semi-absentee.
Asking Price
$2,850,000
Cash flow
$233,450
Revenue
$1,292,900
Down
Call/Email
Posting: 287837 | Available | 8/2/24
This family-run legacy manufacturing Company began by developing a proprietary thin wall molding technique known as 'DRY molding.' Since its first 'smooth-surface' product, operations have used the technique for numerous other storage, protection, and shipping products.
Asking Price
$1,500,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 289455 | Available | 2/10/25
Great opportunity to bring your brewery concept to a freestanding building in the Heart of La Mesa. Type 23 license allowing for small beer, cider and perry manufacturing onsite. Ideal and highly versatile venue available to rent for private events and host food trucks.
Asking Price
$125,000
Cash flow
$416,097
Revenue
$1,100,000
Down
Call / Email
Posting: 277257 | Available | 1/27/23
This is a profitable and rewarding coating applications company with real estate in a highly desirable area. This company has achieved success for over 38 years. The company is fully-Staffed and trained. Owners are semi-absentees. Price includes real estate and FF&E.
Asking Price
$3,000,000
Cash flow
$27,473
Revenue
$5,579,919
Down
Call/Email
Posting: 292680 | Available | 5/7/25
This is a turnkey opportunity for a strategic buyer or investor to step into a well-established Steel Fabrication & Installation Business for Sale East Bay, CA serving the greater Bay Area with a stellar reputation for quality and reliability.
Asking Price
$1,500,000
Cash flow
$144,000
Revenue
$360,000
Down
$150,000
Posting: 285338 | Available | 6/17/24
For sale is a golf repair & authorized dealer store with high net income in Long Beach. Business hours are from 10-6pm and Sat 10-4pm. Sunday closed. It is an easy operation. The same owner wants to retire after 36 years operating. Rare opportunity inventory needs to be paid by the buyer separately.
Asking Price
$210,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 292323 | Available | 4/18/25
This is an excellent opportunity to acquire a Sports Bar & Karaoke Lounge that serves Beer, Soju, and Wine in Lakewood, California.
Asking Price
$185,000
Cash flow
$92,000
Revenue
$242,122
Down
$275,000
Posting: 282649 | Available | 1/21/25
Get Wet Scuba, a well-established and successful business in the scuba diving industry, is now available for sale. With a solid reputation, Get Wet Scuba presents a unique opportunity for an aspiring entrepreneur or an existing company looking to expand its portfolio.
Asking Price
$275,000
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingAll California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
First, we must define, who are the Millennials? The exact years are up for debate, but Millennials were born during approximately between 1981-1986, which today would be between 22 and 37 years of age. Joe Ranieri looks at what these buyers are looking for and what qualities they seek in businesses.
Let's be honest, typically it takes a while (6 months to a year) to sell a business, from listing to close of escrow, and so it's common that many sellers are anxious as the close of escrow nears with a buyer. Joe Ranieri (Business Broker) examines common seller mistakes owners should stay clear of.
Lee Petsas, a Southern California business broker explores: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing deposits & opening escrow, Return of deposit to buyer, Why do we take a deposit from buyers when preparing & executing a purchase agreement contract?
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Trying to purchase a business with no money down is usually a waste of time if you want a good business. But leveraging into a business with a relatively small cash down payment can often be accomplished using some of these suggested strategies in this article on buying a business with limited cash.
Looking to buy a small business? There is good news regarding business purchase financing. More financial institutions are coming back into the market with business purchase financing. After years of being selective many lenders are more open to financing deals they would not have in the past years.
Financing a business purchase has become more difficult in the past couple of years. But buyers and sellers of small and mid-sized businesses are finding other ways to raise the money needed to complete their transactions. Peter Siegel, MBA with BizBen discusses these ideas with BizBen Blog readers.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.