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BUSINESS FOR SALE - PROFILE #
85910231 |
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Marine Related|Boat Tours
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Executive Summary
Well established tour boat business on Manatee river. Docked at high end viable location with all amentites. Five year old "Custom" Trident 44 passenger boat. Full cover from elements, restroom, tables, high end electronics. engine rebuilt in 2020. Estimated FMV is OVER $400,000 Estimated Replacment / Rebuild cost $700,000 Verifed by local boat dealer. The Operator only runs full tours 20+ and 4-5 days a week. A new operator can increase the number of tours and greatly enhance revenue. This is the only remaining tour boat on the river or harbor and no other docage is avalaible for this type of operation. The Marina is aware of sale and agreeable to a new 5 year lease.
HIGHLIGHTS
Pub Crawls, Corporate Meetings, Special Occasions, Sight Seeing, City Night Lights Cruises, Private Parties, Sunset Cruises, 2020 the business operated only about 40% of normal trips Due to Covid-19 Restrictions and the sellers own Covid-Diagnois. This is primarly and ASSET sale but numbers and tours are improving with a new hired Captain in place and Covid restrictions lifting. The vessell is worth more the then asking price for the entire business. ![]() |
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* Adj. Cash Flow -
Recasting provides an economic view of the company and allows meaningful
comparison with other investment opportunities.
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DISCLAIMER: All information contained in this document has been
provided by the subject company or its agent, and while believed to
be correct has not been verified. Accordingly, we makes no
representations or warranties as to the accuracy and truthfulness of
such information. The recipient hereof acknowledges that we shall
not be liable for any loss or injury suffered by said recipient in
any way connected to the delivery by us of this document. At all
times we are an agent for the seller and not for the buyer unless a
specific agreement exists for us to act as the buyer's agent.
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