Asking Price: $225,000

Gross Revenue: $215,000

Inventory: $15,000 (Included in Asking Price)

FF&E: $35,000 (Included in Asking Price)

This business was founded 35 years ago by a renowned New England meteorologist with a focus on instruments for the home – wind speed, direction, and barometer. Over the years a wide range of functions and styling were added to the product line. A recent split between the partners that purchased this business almost three years ago leaves the business short on working capital and sales and marketing leadership. An entrepreneur or business manager with strong sales capability can take advantage of this opportunity and reinvigorate sales and profitability. Present sales are mostly through current customer catalogs and internet sales. And because of the history of significant past sales, additional sales are provided by a steady flow of instrument repair and replacement parts. There is no one in an active sales and marketing role at this time. The business employs 2 full-time and 3 part-time staff as production requirements dictate.

Year Established: 1973

Employees: 2 full time - 3 part time

Relocatable: Yes

Facilities: Operations and manufacturing are located in a modest 3,400 sq. ft. facility that can be easily relocated if desired. Rent for the leased space is $1,400 per month.

Market Outlook and Competition: This is a broad opportunity to expand sales through product development and growth in the booming commercial application of wind exploration and energy generation markets.

Management Training and Support: The owner will be available to transition business and customers as required for an agreed upon period.

Reason For Selling: Partnership split forces sale of business.