Specialty Boat Builder - Smaller Deal

June 17, 2024
by a searcher from Boston University - Questrom School of Business in Boston, MA, USA
Hi Folks,
I'm looking at a small but profitable specialty boat builder in New England. Boats range from 8 to 22 feet and with some smaller batch production for larger boats. The company builds everything offshore and has strong relationships with outboard motor manufacturers (both gas and electric). Sales exceed $2 million and EBITDA is around $450K. Very small team and I am assessing the opportunity to scale. The product is well build and highly rated. One challenge is off shore manufacturing, logistics and cost efficient transportation. I am wondering if anyone has experience in the space for a discussion.
Feel free to DM me. Regards, Rob
from University of Massachusetts Amherst in Boston, MA, USA
from Cornell University in Boston, MA, USA