Live the Dream Yacht Rentals

St. Thomas, Cayman Islands

Asking Price: Annual Revenue:
$334,000 $277,000

Recreation: Outdoor

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RE: Live the Dream Yacht Rentals Broker: Jim Baker
License #: U812..773
Owner Financing is Available!
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Quick Facts

Asking Price: $334,000
Annual Revenue: $277,000
Net Profit: $145,000
Cash Flow: $145,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Florida
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 78247375
Broker Reference #: Not Disclosed

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Business Overview:

Live a dream ...make money MAJOR PRICE REDUCTION! An ideal way to enjoy the island life while making an income. Enjoy a beautiful 58 feet power yacht while doing a day charters in US virgin Islands. The boat is a busy day charter with bookings year around and great customer following. There is still plenty of room to expend the clientele with additional offerings. It is an ideal business for a couple or small family as the boat can be great live aboard.

The yacht is fully air conditioned, and tastefully appointed throughout. Decks include sunbathing and shaded lounge areas, Fighting Chair for real fishermen and snorkel gear and water toys. Aft deck dining al fresco or in the salon is always an enjoyable experience. Guest staterooms boast en-suite baths, closets and individual air conditions.
The charter is a turn key business, with hotel contracts, high rating on Trip advisor and Yelp, web site, Facebook and Instagram, customer base with future bookings and anything else you might need to run a business. Bring your toothbrush and start making a living in paradise.

We recently reduced our asking price from $395.000 to $335.000, making this an amazing deal.

St Thomas, US Virgin Island was hit by 2 categories 5 hurricanes in September 2017, island rebuild is way on the way. Second Wind motor yacht did not sustain any damage with exception of couple little scratches on haul from the marina deck. The season 2017/2018 will be slower, but a lot of competition sustain major damage and won’t be returning any time soon, or they even moved off the island. Yes, we might have fewer tourists, but also much less competition. We are getting request for charters in November and December as we speak. We have a large amount of relief, reconstructions workers on island and they are interested in charters on their days off as well. Cruise ships are returning to St Thomas, the first one was in today November 3rd.

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Property Features and Assets:

Inventory:Included in asking price. Real Estate: Leased Building, SF:N/A; Lease Expiration:N/A, Employees:2-3, Furniture, Fixtures, & Equipment (FF&E):Included in asking price. Facilities: 58ft Power yacht with very reasonable slip contract, full charter inventory, mini van for guest pick ups, contracts, current USVI business license and US VI company. Asking Price:$335,000 Cash Flow:N/A Gross Revenue:$250,000 EBITDA:N/A FF&E:$245,000 Inventory:N/A Lease Rate:N/A /SF Established:2009 Live a dream ...make money MAJOR PRICE REDUCTION Get Financing Save Print Share Valuation Report Business Description

Market Competition and Expansion:

Competition: We have a unique position in the market with upscale boat and different approach to day chartering. The business is getting a lot of exposure due to it unique positioning. Growth & Expansion: The charter is currently doing only US Virgin Island charters and only weekdays. There are lots of additional revenue possibilities with adding BVI trips, weddings and additional offering like deep see fishing as the boat is fully set up for it. Support & Training: The owner will offer 2 weeks of free training and additional assistance after completed 2 weeks if needed.

Reason for Selling:

Owners want to focus on their second expanding business.

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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