Our firm represents a branded boat / marine communications company. The company and trusted brand has been around for about 40 years and produced revenue consistently in the $20MM range. The company needs about $550k in debt or equity, which will produce about $6MM in revenue quickly. They’ll probably produce about $1.275MM in revenue this year, over $500k without taking on any additional orders, just fulfilling older customer orders, but will hit back near $20MM fairly quick.

They've been holding off on taking new orders, even though quite large, due to the lack of capital to execute on product delivery properly. They currently have over $1.5MM in assets, inventory, and AR. Below are the four year projections.

2016E - $1,275,380 Revenue, $71,284 Net Income, $1,626,108 Assets
2017E - $5,538,760 Revenue, $1,487,917 Net Income, $3,534,411 Assets
2018E - $10,626,480 Revenue, $2,570,058 Net Income, $6,268,407 Assets
2019E - $15,359,620 Revenue, $5,584,736 Net Income, $12,161,244 Assets

Posted Oct 10, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.