Yachts and Boats Company Seeking Loan in Charleston, United States
Manufacturing premium 21' and 22' luxury high performance bass boats, the bugatti of bass boats.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 300 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Yachts and Boats |
| Locations | Charleston |
| Local Time | 1:19 AM America / New York |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3.5 million
for
8.5%
annual interest,
10
years
(Native Currency: USD 3,500,000)
Reason: Seek funding to restart manufacturing the current 21' and 22' Composite Gambler models.
In tandem t...
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Collateral Available: USD 750 thousand
Includes physical assets worth
USD
750 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Pitch Deck/History
(22.6 MB)
Articles of Incorporation
(4.0 MB)
Business Overview
- Established brand in the luxury boat industry with 41 years of premium history.
- Boasts a strong history with NASCAR, providing potential for cross-promotional opportunities.
- Known for its reputation of having the safest and most efficient hydrodynamic hull technology, potentially appealing to safety-conscious consumers.
- Has a notable history with Mercury and Yamaha, prominent players in the marine industry, offering potential for collaboration and access to their customer base.
- Makes appearances at the Bassmaster Classic, as well as other Bass Fishing Clubs around the world indicating a strong presence and reputation within the fishing and boating community.
- Utilizes social media platforms such as YouTube, Facebook, and Instagram, showcasing an active and engaged online presence in addition to the website.
- Manufacturing and trade licenses, indicate compliance and readiness to operate within regulations.
- Seeks funding for the development of larger boat models up to 55', tapping into a new market segment and expanding its product line.
- Boasts a strong history with NASCAR, providing potential for cross-promotional opportunities.
- Known for its reputation of having the safest and most efficient hydrodynamic hull technology, potentially appealing to safety-conscious consumers.
- Has a notable history with Mercury and Yamaha, prominent players in the marine industry, offering potential for collaboration and access to their customer base.
- Makes appearances at the Bassmaster Classic, as well as other Bass Fishing Clubs around the world indicating a strong presence and reputation within the fishing and boating community.
- Utilizes social media platforms such as YouTube, Facebook, and Instagram, showcasing an active and engaged online presence in addition to the website.
- Manufacturing and trade licenses, indicate compliance and readiness to operate within regulations.
- Seeks funding for the development of larger boat models up to 55', tapping into a new market segment and expanding its product line.
Products & Services Overview
22' Elite Bass Boat is the most sought-after model with custom luxury builds, design fit and performance setup. mostly sold to upper premium user market who have their own businesses that enjoy fishing recreationally.
Assets Overview
Assets owned by the company include:- Trademark, hydrodynamic design.
- 21' & 22' molds.
- 2 demo boats.
- Bom, work instructions, procedures, vendor accounts, proprietary data.
-Gun roving machine, putty pump machine, foam injection machine:
- Tools, paintbrush, tables, flake, fiberglass materials, spray equipment, fans, exhaust fans, paint booth, 15hp screw type compressor, air dryer, 240 accumulator air tank, drill press, all air tools required, chain hoist, 2 high lift mobile gantry frames. Cad renderings of new model. Research data for aluminum manufacturing new models.
Facilities Overview
The business operated in a 16,000 sq. Ft. Facility in Santee, Sc one mile from the Santee Lake Marion. Have molds, equipment, tools, paint booth, compressors, Bom, 2 boats for demo, procedures, cost/profit numbers, business plan, and production procedures and schedules.
Capitalization Overview
Currently no funds for production. Business is inactive due to Covid supply issues.Less than $200K SBA debt.
The business currently has 2 owners with 100% ownership.
Recent Activity
-
3 days, 15 hours agoDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysFunding Specialist, Coconut Creek, Financial Consultant connected with the Business
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