Strategic Acquisition The company's acquisition by Patrick Industries in 2018 indicates a period of expansion and integration within the industrial and marine accessory markets, presenting opportunities to cross-sell products across larger distribution networks.
Product Innovation Introduction of new products like Fishmaster T-tops in 2017 demonstrates a focus on expanding OEM and aftermarket offerings, which could open avenues for sales of complementary accessories and customized solutions.
Market Niche Operating in a specialized segment of marine accessories with a small team suggests potential for growth through targeted outreach to niche marine manufacturers and boat builders who require high-quality, specialized accessories.
Digital Presence Utilizing a mix of WordPress, Shopify, and social media integrations indicates an active online sales channel that can be optimized further to reach broader customers and enhance international sales opportunities.
Growth Potential With revenues under 1 million and recent product launches, there is considerable scope for increasing sales volume through leveraging industry connections, enhancing marketing efforts, and expanding distribution channels within the marine sector.