Yacht Business - Buy, Sell, & Charter

Sarasota, FL
Sarasota County

Popular Marina Location!

Asking Price: Annual Revenue:
$475,000 $170,252

Recreation: Marinas & Boating

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RE: Yacht Business - Buy, Sell, & Charter Broker: Richard Green
License #: 3390595

Quick Facts

Asking Price: $475,000
Annual Revenue: $170,252
Net Profit: Not Disclosed
Cash Flow: $93,084
Total Debt: Not Disclosed
FF&E: $303,000
Real Estate: Not Disclosed
Year Established: 1978
Employees: Not Disclosed
BBN Listing #: 888355945
Broker Reference #: 971-42508

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Business Overview:

This Sarasota yacht charter service was started over 40 years ago, in 1978. The owner has successfully run the business during this time and is ready to turn over the reins to a new entrepreneur. The business operates out of a centrally located marina in Downtown Sarasota. This location is considered the “Palm Beach of the West Coast,” and is continually expanding both in residency and tourism. The marina is only 3 miles from Sarasota International Airport, so there is quick access for clients flying into the area. The fleet is currently made up of two yachts. The fleet could easily be expanded to increase revenue by adding additional yachts – either by acquisition or management of a client’s yacht. This Sarasota yacht charter service is the longest running charter company in the world for the brand and has a superb reputation among clients and vendors alike. The main streams of revenue come from brokerage, maintenance, captain charters, and training. The business is steady year-round and there are lots of opportunities for growth and expansion by adding yachts of choice to the fleet and increasing revenues thru charter brokerage commission and maintenance fees from owners. The owner will work with the new buyer during the transition period.

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Reason for Selling:

Other Business Interest.

Additional Details:

  • The property is leased.
  • 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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