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  • RE:  Yacht Services
  • Contact:  JAMES KNOX

Quick Facts

Asking Price: $395,000
Annual Revenue: $414,208
Net Profit: Not Disclosed
Cash Flow: $193,112
Total Debt: Not Disclosed
FF&E: $8,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 4
BBN Listing #: 939606
Broker Reference #: 6401673945

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Business Overview:

Servicing 25-30 boats throughout the year which varies as some boats are traveling or are in the boat yard. Services include weekly spot checks, boat detailing, hurricane preparations, and other required boat maintenance work. With 4 employees in place, the owner only works about 20-25 hours per week managing the business, communicating with clients on their needs, scheduling jobs & tasks for the crew and himself, following up with progress reports to clients, confirming and checking that the crew has necessary supplies and maintain communication with staff to make sure all goes smoothly. The wife of the seller is involved and manages billing and invoicing and averages 20 hours per week. 75% of business is regular boat washing while detailing is about 25% of business. Hourly rates are between $45-$110 per hour depending on the type of service. With the great reputation and employees in place, growth can be created by adding more clientele and expanding the services offered. This Florida-based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise.

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Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity

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