Top Boating Compnay W / Real Estate
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1607325
Net Profit / Cash Flow $533942
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 10 - 19
Inventory 125000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 4 weeks.
Reason for Sale Retirement.
Description Located on scenic Naples Bay, Florida, the Company operates three touring / fishing ( 28 ft., 34 ft. and 45 ft.) and one 55 ft. double-decked touring and sightseeing vessel from prime retail/restaurant destination spot. Strong financial track record with increasing revenue and cash flow. Owner is motivated to sell and retire. All boats are impeccably maintained and surveys of the boats support the $1,000,000 value. As in prior years, fully capable staffing provides attractive opportunity for either absentee or part-time ownership. This opportunity represents a unique business and lifestyle offering that combines the best attributes of warm and affluent Naples, Florida. Two docks are included in long term master lease and the owner will lease 2 additional docks, with option to purchase, at $36,000 annually under a long term lease. Financing component is subject to lender approval of the buyer and the specific deal terms under prevaililng policies - it is based on a written pre-qualification with different terms; the actual loan terms will vary and, among other changes, will include working capital that roughly may offset closing costs.
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