Seller's Contact Information
- RE: Boat Rental Company For Sale In Cape Coral
- Contact: Ed Goldszal
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | $495,268 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $261,568 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 250,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 2 | |
| BBN Listing #: | 709832837 | |
| Broker Reference #: | 95103450 |
Business Overview:
Own your boat rental company in SWFL. This well-established business boasts 15 boat under management, 4 owned by the Company sold separately if interest. If not, they will remain part of the rental pool just like the other 11 boats. There are written contracts with the boat owners and the company operates on a profit split basis. You will appreciate the minimum overhead and low risk as boat owners cover commercial boat insurance, boat lift rentals, maintenance, and tow insurance. Meanwhile, the rental company secures renters, manages boat deliveries, and arranges maintenance for a seamless customer experience. The 4 boats owned by the company can be sold separately for $250K. Included in the sale: miscellaneous equipment, website with online booking capabilities, phone, tradename, future bookings, customer list, contracts with the boat owners, network of service providers, and over a decade of goodwill. This is a totally turnkey operation. Company only rents out bow riders (no pontoons or fishing boats). Boats are newer and higher end, some with dual engines. Company outsources 4 captains and 2 mechanics on a as needed basis. Typically, boat owners want to add more boats to the rental pool. Besides boat rental, additional source of income: 25% markup on parts, $50 per mechanical work, $10 per tow contract, drop off fee, and jet ski referral. Company is run by husband and wife that are in retirement mode. Some bookings are already 2 years out and rental slots keeping filling out fast- minimum 3 days rental. In 2022 the company acquired the assets of a competing business, including 2 boats and customer list. Company was closed from Sept 28, 22 until early December due to Hurricane Ian. It is currently open and busy as ever.
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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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