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Mini Cruise Boat For Sale
Location Philippines
Asking Price Range $1.0M - $2.5M
Gross Revenues $220000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 6 - 9
Inventory $20,000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale Owner wants to do other projects.
Description This business is a unique concept that will operate from Cebu in the Philippines. The boat is dual registered and has been through and passed its sea trials with Lloyds of London insurers aboard during the trials, last November 2010. The boat named the Intan Express is privately owned.
The earning potential over the first ten years operating period is estimated at around 4,000,000 + we can assure any potential buyer that the this concept has no competition. This business has been created with a timeshare/fractional ownership format . Around 2,700,000 to 3,000,000 can be raised from the sale of the shares. Other revenue streams are apparent from the sale of food drinks and the recreational activities mentioned above, to the tune of 1,000,000 plus. In addition to this revenue stream the business is within its rights to ask each share owner for a maintenance fee for the upkeep of the boat, this could bring in another 60,000-80,000 per year.
The mini cruise/safaris will take your clients to some of the most beautiful paradise island that the world has to offer. Each cruise can be alternated for different destinations each year, without fear of repartition and added running costs.
Our lawyers have completed their surveys and the concept is legal to operate. Full disclosure will be given to serious inquiries.
Contact for more information on this mini cruise boat for sale.
Click Here To Contact Seller
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