BN000058402 Premium Boat Manufacturer with 50 years of tradition.

Innovative boat manufacturer with lean manufacturing practices, cutting edge engineering, and a highly skilled workforce, has achieved significant growth and success The company's vertical integration of key components ensures superior quality, cost control, and manufacturing efficiency Groundbreaking product launches and a strategically expanded dealer network have positioned the company for rapid growth and substantial revenue increases A valuable patent sets the company's flagship product apart as the industry's definitive choice for discerning anglers.

Key Aspects

Production Capacity The company can produce over 1500 boats annually without additional investment

Production Capability The company offers a comprehensive solution for watercraft manufacturing, handling the entire production process from the construction of the fiberglass hull to the final

finishing touches Customers can fully customize their vessels, selecting from a wide range of options for hull color, seating fabric and stitching, flooring, and cockpit/cabin configuration

Quality System Lean manufacturing practices ensure efficient production, high quality output, minimal waste, and timely delivery A digital quality control platform communicates exact work instructions to the shop floor and eliminates reliance on tribal knowledge.

Distribution network The company has a strong distribution network with a heavy concentration of coverage on the East Coast from Florida to the Northeast, the Midwest, Southwest, strategic portions of

the Caribbean, and most of Latin America

Product type The company currently produces 12 different models, with an additional 9 at various stages of design for future release

Seasoned Leadership Team The leadership team has over 15 years in the marine manufacturing industry and over 25 years running operations for Fortune 50 global companies, which has enhanced

manufacturing best practices and quality controls

Opportunities

Ownership has successfully acquired and integrated businesses in the past and has identified additional acquisition targets to extend operations into adjacent geographic markets.

Organic expansion opportunities include the development of several acres of land adjacent to current manufacturing facilities that would allow for increased production capacity

Expand product lines into a wider range of boat types and sizes to increase market share and brand reputation.

Continue to increase dealer network across the United States and globally.

Headquartered

Southeast United States

Current Markets

Recreational boating has a 230 3 B annual economic impact including sales of roughly 31 4 B in new boats, engines, trailers, and accessories (1)

As of 2023 there are over 11 8 M registered boats in the United States (1)

There are over 49 M registered anglers in the United States (2)

Boat building revenue is expected to have a 2 8 CAGR from 2024 2029 and exceed 15 1 B by 2025 (3)

Potential Markets

• Ownership has successfully acquired and integrated businesses in the past and has identified additional acquisition targets to extend operations into adjacent geographic markets
• Organic expansion opportunities include the development of several acres of land adjacent to current manufacturing facilities that would allow for increased production capacity
• Expand product lines into a wider range of boat types and sizes to increase market share and brand reputation
• Continue to increase dealer network across the United States and globally.

Real Estate

• The company owns and operates all its own facilities
• Manufacturing facilities include fiberglass, cabinetry, painting, welding, upholstery, finishing, and electrical.
• Modern, flawlessly maintained offices, warehouses, shops, and yards affording room for additional growth.
• Ownership is open to a full sale of all real estate.