- Listing ID: 895996
Innovative Marine Electronics Safety And Communication Product Business For Sale
- Location:
- Category:
- Type:
- Add to your shortlist >>
- View your shortlist >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- £200k < 500k (Inventory / Stock included)
- Turnover:
- < £200k
- Net profit:
- < £100k
- Years established:
- 2
- Employees:
- 0
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
Business description
The result of eighteen months development is an unrivalled product in the marine electronics marketplace, providing unique functionality of interest to all offshore marine leisure and professional users. Launched in late 2008, it has sold respectably despite the annihilation of the marine chandlery market in this period. User feedback is very positive and the product has been refined in its first year of operation, and is now very well positioned for an upturn in high-end consumer confidence.
Product is approved for use in major markets with the exception of North America, where approvals are expected to be forthcoming once a buyer funds the applications and is ready to support a launch there. Sales in the rest of the world are broadly distributed.
Sales currently almost 100% via manufacturer's website, supported by magazine advertising and retail shows. Gross profit per item typically in excess of 100% through direct sales. Product supply secure. Patent protection in process internationally.
Private individual, having funded the development personally, but having other commitments, now wishes to hand on to a purchaser better placed to develop the market.
Property information
- Location:
- Online business, capable of instant relocation
- Premises details:
- Private residence
Other information
- Expansion potential:
- Product has potential applications to many other sporting and professional activities
- Competition / Market:
- Only known competitor is old technology, based in the US, more expensive and less functionality
- Support & training:
- Technical consultancy available to support and develop the product
- Reasons for selling:
- Owner has achieved personal goals in bringing product to market. Better value realisation available through passing responsibility in market development phase to a more experienced operator.
- Trading hours:
- 24/7 online business
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Instalment sales will be considered
- Inventory / Stock value:
- £100,000 (included in the asking price)
- Related documents:
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
Post your comments and questions in the Forum >>
View all the resources you need to get through the buying process in Don't Dream It. Do It. >>
Other buyers need finance to buy a business like this in Finance Wanted >>
selling your business?
If you own a business and are considering selling, visit our Sell a Security Business section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD UK BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS ADVICE BUREAU
- Find the best finance for your business purchase. There is no need to mortgage your house to live your dream. We explore every avenue possible to provide you with the funding you need.
-
- Click here for more
- GET PROFESSIONAL INDEMNITY INSURANCE
- Professional Indemnity Insurance (PI) is designed to protect your business from financially devastating and often reputation-damaging claims made by dissatisfied clients.
-
- Click here for more information
Advertisement
