Power Boat Rental Business with Good Margins

Palm Beach, FL
Palm Beach County

North Palm Beach and surrounding area

Asking Price: Annual Revenue:
$1,200,000 $750,771

Automotive & Boats: Marine Repair, Retail, Parts & Service

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RE: Power Boat Rental Business with Good Margins Broker: Roberta Caputo

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $750,771
Net Profit: Not Disclosed
Cash Flow: $292,747
Total Debt: Not Disclosed
FF&E: $314,975
Real Estate: Not Disclosed
Year Established: 2004
Employees: 5
BBN Listing #: 1123344
Broker Reference #: 3834

Email or Print Listing

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Business Overview:

This Power Boat Rental business was established in 2004. It is located at the newly redeveloped waterfront destination in a city Marina. There is an experienced manager and staff that will stay on, if offered. The nearest competition is (20) miles away. Their interactive website allows the user to view available watercraft, make/complete the reservation process. Boat rentals are for intervals of two, four or eight hours for ocean or Intracoastal use. Fifteen vessels from (16 feet to 24 feet) in length are included in the sale. Patrons have an option to hire a Private Captain to pilot the watercraft. Boating lessons are offered for a fee from a USCG licensed Captain. It is a short cruise from the Marina to reach local bars and restaurants or sail to one of the many Islands on the Intracoastal. The business is highly rated across the web with 4.5/5 stars from 446 Google reviews. POF and Buyer Profile must be submitted with signed NDA to receive proprietary information. 2022 stated financials are from first ten (10) months 2022 P&L.

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Property Features and Assets:

Kiosk and dock space in a Marina.

Market Competition and Expansion:

Competition is limited in the area. Scalable by the addition of watercraft and selling sundries and other items to patrons.

Reason for Selling:

Looking to explore other ventures.

Additional Details:

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

Relevant Links:

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