Listing Number: 9953-537032
Description
For over 23 years, the company has produced the most capable saltwater fishing reels of its kind, with numerous one-of-a-kind innovations and patents that changed the fishing reel industry all together. Their products are 100% designed, manufactured and assembled in the USA, then distributed and sold globally through a vast network of brick-and-mortar dealers and online retailers.
The company’s enormous fishing reel lineup comes in multiple different sizes and colors, and is used for many different applications, such as jigging, casting, and ultra big-game fishing. The products are machined to precision out of the most high-quality aircraft-grade materials. Their reputation of reliability and longevity to withstand the harsh conditions of salt water is what the company prides itself on. Additionally, they have a dedicated service team to maintain and repair its fishing reels received from all over the world.
This is an excellent opportunity for growth by expanding manufacturing to enter the freshwater fishing reel market, and to expand sales to other parts of the globe.
The company has been featured on many TV networks and is widely considered by fishing enthusiasts to be one of the world’s best fishing reel companies. In a short period of time, the company became one of the most favorable fishing reels for long range fishing vessels worldwide.
Historically they boast a record of 10% growth year-over-year in gross sales and have an approximate 40%-45% net profit.
Grab your rods and tackle box and be prepared to catch a fish of a lifetime!
Listing Details
- Price: $22,000,000
- Down Payment: --
- Sellers Discretionary Earnings: $1,262,842
- Total Sales: $11,184,327
- Location: Los Angeles County, California
- Inventory: $10,000,000
- FF&E: $0
- Employees: 25
- Reason for Selling: Retiring
- Category: Manufacturing
Contact Agent:
- Lani Berneking
- Phone: (949) 973-7922
- Email: lberneking@tworld.com
