The owner founded this business long ago and since then the company has gotten better every year. It is now a full-fledged fully developed project. Previously, brands based their businesses on designs and models taken from the 40s and 50s, however, such concepts did not work too well and seamlessly. Therefore, the owner of this business project decided to change the situation completely.
The owner wanted to create a completely new product that would combine the key parameters that led to success. Through improved design and new developments, this product has been able to make the fishing net industry more convenient for anglers and profitable for the seller.
Today, the company is a globally recognized and well-known brand that is represented in more than 2.5 thousand retail stores, including Dick’s Sporting Goods, Scheel’s Sporting Goods, Amazon and many others. Initially, the company was only engaged in the production of fishing nets, which later turned into the manufacture and release of a complete line of fishing products.
In the period 2018-2019, the company’s income decreased. This is because in the retail trade unexpectedly there are problems that are not within the competence of the seller. However, this experience helped the company only to strengthen its position and prepare for possible problem situations in the future. Last year, the company was able to diversify its customer base by adding no more retailers and focus on developing a marketing strategy that would be directed directly to the consumer.
The new products planned by the company will lead to significant increases in profits and increased partnerships.
Attention! Please, note that the price of the offer depends on the terms of the deal, its structure, and some other factors.
Location: 24,000 square feet manufacturing facility. The object is located in the North-West region.
Reason for selling the business: the real owner is looking for strategic partners and may sell the business completely.
Established: 14+
Support and training opportunities: the seller is ready to provide support under the contract.
