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BUSINESS FOR SALE - PROFILE #  85910231

Marine Related|Boat Tours
Manatee County

Asking Price: $349,000   Down Payment: $349,000  
Gross Revenue: $98,327   Adj. Cash Flow*: $23,265  
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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 

  • US Coast Guard Certified
  • High End Marina and Dockage with restaurants, C Store and all marina and passenger aminities. 
  • Over 25 years in same location.
  • Includes fully compitent first mate with Captains License.
  • BYOB/BYOF
  • 360 Degree visibility
  • Shaded, Weather protected.

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. 

Acquisition Highlights

  • Training Information:  4 weeks
  • This business is not a franchise
  • This business can be relocated
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2011 Inventory: $2,000 Included
Employees: 1 FT, 1 PT , 1 Mgrs Furniture, Fixtures & Equipment: $200,000 Included
Lease/Rent: $1,900 Real Estate:
Building Sq Ft: 500
    Total Assets Included in Sale: $202,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
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.

FOR MORE INFORMATION:

Contact:  Frank T Cimakasky
Phone:  (727) 793-0090
Fax:  (727) 793-9069
Other:  (727) 512-3938
E-mail:  franksellsbusiness@gmail.com
SUNBELT BUSINESS BROKERS
26133 US Hwy 19 North, Suite 306
Clearwater, FL 33763
sunbeltbb.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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