Please ensure Javascript is enabled for purposes of website accessibility Yacht Services | James Knox | Transworld Business Advisors

Yacht Services

Listing Number: 6401-673945

Description

Servicing 25-30 boats throughout the year which varies as some boats are traveling or are in the boat yard. Services include weekly spot checks, boat detailing, hurricane preparations and other required boat maintenance work. With 4 employees in place, owner only works about 20-25hrs per week managing the business, communicates with clients on their needs, schedule jobs & tasks for crew and himself, follow up with progress reports to clients, confirm and check that crew has necessary supplies and maintain communication with staff to make sure all goes smoothly. The wife of the seller is involved and manages billing and invoicing and averages 20hrs per week. 75% of business is regular boat washing while detailing is about 25% of business. Hourly rates are between $45-$110 per hour depending on the type of service. With the great reputation and employees in place growth can be created by adding more clientele and expand services offered.

Listing Details

  • Price: $395,000
  • Down Payment: $395,000
  • Sellers Discretionary Earnings: $193,263
  • Total Sales: $414,208
  • Location: Martin County, Florida

  • Inventory: $0
  • FF&E: $8,000
  • Employees: 4
  • Year Established: 1997
  • Reason for Selling: retiring
  • Category: Marine Related
Yacht Services

Contact Agent:

James Knox
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