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BUSINESS FOR SALE - PROFILE #  42276746

Revolutionary Personal Floatation Devices (PFD's)
South Florida

Asking Price: $2,000,000   Down Payment: $2,000,000  
Gross Revenue: $3,067,000   Adj. Cash Flow*: $766,750  
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Executive Summary

Rapidly expanding company that has added a revolutionary twist to Personal Flotation Devices (PFD's). The company offers 3 different PFD's with patented, US Coast Guard Approved designs with an equally creative (and patented) Floating Beverage holder. Taking the industry by storm, the leadership team had an extremely successful trip to ABC TV's Shark Tank where they won support from 2 Sharks! As a result of this positive exposure, sales are growing rapidly with placement in major retail outlets such as Walmart, West Marine and Camping World. The entrepreneurs that invented and launched these innovative products understand that the company needs additional investment capital, executive leadership and an established product placement pipeline to take the company to the next level. (Financials are Projections based on current trends.)

Acquisition Highlights

  • Financing Information:  $1.5M at 6% for 5 years
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2013 Inventory: $75,000 Included
Employees: 0 FT, 2 PT Furniture, Fixtures & Equipment:
Real Estate:
Other: $825,000 Included
    Total Assets Included in Sale: $825,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  David Friedman
Phone:  (954) 543-1962
Fax:  (954) 900-9991
E-mail:  dafriedman@vrblueocean.com
VR Business Brokers - Fort Lauderdale, FL
2700 West Cypress Creek Road
Suite D-134
Fort Lauderdale, FL 33309
www.VRBlueOcean.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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