This business opportunity represents a unique situation for an entrepreneur/manufacturer to grab a major market share of the world market for marine buoys and fenders, two products required by boat owners and mariners everywhere.
The name NORFLOAT was once very well known by boat owners in North America as a reliable source of high quality marine buoys and fenders. While the European Business entity NORFLOAT-EUROPE lives on, the North American entity, fell into a period of inactivity and has ceased production of their once valued products.
This situation has allowed for the emergence of a virtual 'monopoly' situation whereby the lone remaining manufacturer of polyvinyl buoys in North America (see: www.polyformus.com) has been allowed to control the entire market for this type of marine product for the past several years.
Washington Business Brokers has been retained by the current owner of the patented FORMS and trademarks for the original NORFLOAT line of marine buoy and fender products. For a good idea of what these NORFLOAT products look like in Europe, please visit: http://www.norfloat.com/InflatableBuoysandFenders.html
The potential market for polyvinyl buoys and fenders is truly staggering. Not only can the future owner of the NORFLOAT name in North America compete directly with POLYFORM on US territory but also throughout the world. The global demand for these products is huge and covers everything from pleasure boats and yachts to commercial fishing vessels as well as other commercial fleets.
Moreover, it is interesting to note that no manufacturers currently exist for this type of essential marine equipment throughout the Asian world including China, and Korea. By establishing an aggressive marketing program in those countries, the export potential for NORFLOAT products should prove truly substantial.
For the entrepreneur who desires to acquire a developed commercial trade name as well as all FORMS and other equipment necessary to commence production of NORFLOAT buoys and fenders, this is a unique opportunity.
Offered for sale at $ 100,000. The existing owners promise to provide for a timely and professional handover of all existing equipment and 'know how'.