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Businesses For Sale   >>   Ukraine Businesses For Sale

Luxury Wooden Yachts Shipyard For Sale

Location  Ukraine
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $3517000
Net Profit / Cash Flow  $1192000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2003
Number of Employees  100 - 200
Inventory  4231252
Relocatable  No
Number of Employees  100 - 200
Real Estate  Owned
Training  Co-managment, the whole team continues to serve with new investor.
Reason for Sale  New stadium of development.

Description  
Lagoon Royal company produces exclusive sailing and motor yachts of 25-70 feet (8-20 meters) length that are made of solid wood only. All the yachts are built using classical traditions and made of solid mahogany-type wood with construction of solid oak. All the yachts are equipped with the best appliances you may find worldwide: motors by Volvo Penta and MAN, navigation equipment by Ray Marine, electric equipment by MASTERVOL, lacquer by AWL GRIP etc. The construction process is realized by certificated experts and supervised by BUREAU VERITAS. More information about the company and the yachts produced you may find on the web-site lagoonroyal.com or visiting European office in Firenze, Italy. The shipyard and production facilities are situated in Kherson, Ukraine. Within three years Lagoon Royal has constructed 2 motor boats (30') and 2 yachts (57' & 66''), and the fifth project is up to 80% ready. Besides that, the work on Royal Cabin 57', the 17-meter ''lobster'' has already started. The key competences of Lagoon Royal company include (but not limit) the following: - inexpensive manual and very qualified labor; - the number of production know-how; - CE certificate; - full compliance with Bureau Veritas requirements; - export and import customs procedures; - certification by marine register; - relations with suppliers. The company has sold all of its boats in the year of 2006. Gross sales of the company in 2006 will amount to the level of US $3,517,000. The company's annual free cash flow can be estimated at the level of US $1,192,000. The company attracts strategic or financial investor, necessary for further development. Offer is to buy 49% share of company Lagoon Royal for US $3,312,059. If this issue is of interest for you, the brief investment memo may be provided upon proper request. Contact for more information on this Shipyard for sale.


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