Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Virgin Island Sport Fishing

LISTING DETAILS
Firms For Sale ID:
28897
Vendor reference:
15214
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$2,500,000
Furniture, fixtures and fittings included.
Turnover / revenue:
$1,775,413
Net profit / cashflow:
$392,837

OTHER DETAILS
Reason for selling:
Retirement
Financing available:
Negotiable
Support and training:
Seller agrees to aid in a smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Poised for growth with new, larger boats coming online in a growing economy. Fleet of 14 Yachts, ranging from 48 to 74 feet. Successful operation since 1997. No competition due to limited government issuance of new Yacht Charter and Sport Fishing licenses. Located in safest Hurricane-protected harbor in all of the Virgin Islands. Exclusive Caribbean dealership (and S. FLA) of the second-most popular Yacht in the world. 8 loyal, well-trained employees can manage it all. Market value of all Yachts is $1.8M. 2011 Sales $1.8M. 2011 Cash Flow $400K. Multiple profit centers. Outstanding tax benefits from VI ownership.