Boat Builder- Fiberglass Boats

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by a searcher from United States Naval Academy
in Murfreesboro, NC, USA

1yr ago

Boat Builder- Fiberglass Boats

Hi everyone,

I am looking at a small fiberglass boat builder in the Southeast. The company makes fiberglass boats ranging from 16' to 30'. The company generates between $2 to $3 million in revenue and has an SDE of $250k to $450k. I am seeking lenders familiar with the industry, investors interested in the space, and individuals with experience in boat building or fiberglass fabrication to discuss and learn more.

The company does almost no marketing, has a backlog of over six months, and has a strong following. They exclusively sell B2B and have been in business for a long time. DM me or comment below if you are interested in discussing this further. I would greatly appreciate help from an experienced lender in this industry.

1 Like

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reply by an investor 1yr ago
from University of Virginia in Charleston, SC, USA

Be very careful. I still have PTSD from 2010 from my search. Boat companies were hammered and they have been recently hit. Sea Hunt a top brand made 0 boats inredactedNot kidding.

reply by a lender 1yr ago
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA

We financed a boat manufacturer two years ago and have financed others as well as boat dealers and marinas in the past. We have experience with the industry. You can reach me here or directly at redacted