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Businesses For Sale   >>   United States Virgin Islands Businesses For Sale Categories   >>   

British Island Boats For Sale

Location  United States Virgin Islands
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1775413
Net Profit / Cash Flow  $392837
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1997
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller agrees to aid in a smooth transition.
Reason for Sale  Retirement
Description  Poised for growth with new, larger boats coming online in a growing economy. Fleet of 14 Yachts, ranging from 48 to 74 feet. Successful operation since 1997. No competition due to limited government issuance of new Yacht Charter and Sport Fishing licenses. Located in safest Hurricane-protected harbor in all of the Virgin Islands. Exclusive Caribbean dealership (and S. FLA) of the second-most popular Yacht in the world. 8 loyal, well-trained employees can manage it all. Market value of all Yachts is $1.8M. 2011 Sales $1.8M. 2011 Cash Flow $400K. Multiple profit centers. Outstanding tax benefits from VI ownership.
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