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Business For Sale

PARTY BOAT FISHING & CRUISES

Attn: Michael Abbaticchio
Ocean City, MD, USA
Listing #: 57923950
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Asking Price: $850,000 USD USA Dollars
Business for Sale Industry: Recreation: Outdoor  
Reason for Selling: Other interests.
Year Established: 1990
# of Employees: 4
Yearly Revenues: $375,000
Yearly Cash Flow: $181,000
Yearly Net Profit: $181,000
 

Business for Sale Overview:

Own a beautiful 75 foot party fishing and cruise boat. The boat is 75'x 22', 149 passenger, fiberglass vessel built by Lydia Yachts. It comes with a very successful seasonal business in a prime location. The business thrives during the summer tourist season; operating three trips a day. Two half day fishing trips, and a nightly sunset cruise. Everything you need is already in place; boat, location, lease, advertising, and crew if needed. Owner will provide advice and free consultation if needed after the sale. Work with the boat all summer and take the winter off !


Property Features and Assets:

1990 Lydia 75 foot, 149 passengers, licensed for up to 100 miles, two V892GMTA diesels, two 20 kw generators, Full galley aboard. Boat is in excellent shape, must be seen.


Market Competition and Expansion:

The boat sails during the busy summer season only. There is one other half day boat here, but Ocean City, Maryland is busy enough for all the boats during the tourist season.There is potential to operate year round. There is also potential for doing large charters. The boat can fish 80 passengers at the rail. There is also potential for 20 to 25 man tuna fishing charters in the fall.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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