Business Overview:
CASH in on the tourist biz
Want a business with two different streams of income?
This company could be a great fit for you!
Set on the Gulf Coast, this rental company rents out "higher end" boats to both tourists and locals alike. It runs primarily from March to September, so you can sit back and relax the rest of the year. It also doesn't just rely on rental revenue either- a huge portion of revenue also comes in from buying, fixing, and then selling boats. This business is fully staffed and owner just manages. It has a mechanic on staff as well.
This company also has less overhead compared to other boat rental companies and is more stable due to its unique location and launch.
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Property Features and Assets:
This business has several large boats, trailers, vans, and a truck that goes with it. It also has space to store up to fourteen boats at the current lease rate.
Market Competition and Expansion:
This company could definitely expand with some extra equipment and diversifying some of the equipment that is rented out. For example more water toys could be offered as an add on package to a boat, like equipment to go tubing or water boarding. There's a lot of options with this company, but a buyer is likely to make a lot profit just leaving it as is as well.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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