Past Project

Livingston Boats

Livingston Boats


406 Railroad Street NW Yelm, WA 98597 US

(*) Included in Asking Price   |   (**) Not Included in Asking Price

Transaction Details
Purchase Date
2009
Transaction Type
Buy/Sell Transaction
Buyer
World Cat

Case Study


Description

Livingston Boats is _€€The most recognized boat brand in Washington_€€ whose name is associated with integrity, reliability, and affordability. Having been in production since 1967 their boats set the standard for durability and quality. Built by hand using the latest in fiberglass technology, each boat is independently inspected before being routed to shipping. With over 80,000 boats sold and a continuing demand, their boats are the perfect addition to any lifestyle from family fishing fun, a dinghy or tender for a yacht or runabout there is no better choice. All Livingston Boats are designed and manufactured with catamaran hull designs and extra wide beams. The result is a soft ride with unequalled stability, safety and comfort. With less wetted surface and therefore less resistance, Livingston Boats are able to run farther and faster with less power and fuel.

Facilities

Facility is 50,000 sqft on 8.78 acres Zoned Industrial 1. Company utilizes 60% of the building. Title 5 permit allows for 100 tons/year of fiberglass related emissions. The building has more than $1,000,000 of ventilation and fire suppression systems in place. Buyer is not required to purchase real estate with business but will provide ample expansion for this business or strategic buyer need production expansion while acquiring an additional product line.

Reason for Selling

Seller purchased this company to revamp, update and grow but after selling their primary company is focused on retirement having set the stage for the new owners to thrive.