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.
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.
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.
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.
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
In talks with 3 Investors