Awesome Opportunity To Own Pittsburgh's Only Jet Ski Rental!

Asking Price$185,000

Cash Flow
$110,600
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$272,750

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Awesome Opportunity To Own Pittsburgh's Only Jet Ski Rental!


Asking Price$185,000

Cash Flow
$110,600
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$272,750

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Incredible opportunity to own a unique and rapidly growing business - the only Jet Ski Rental located on Pittsburgh's 3 Rivers!

The business runs from Mid-May to late September - a great lifestyle opportunity business. They are positioning to relocate to a prime downtown location that should only accelerate the growth trajectory.

The owners are a dynamic young entrepreneurs who have this business well position for the next phase. Revenues have increased by 20% from year 1 to year 4 and net income has soared, doubling from year 3 to 4.

This is a turn key opportunity everything from top-of-the-line jet skis, to management staff, to a forward looking business plan is in place. Not to mention an outstanding reputation reflected in outstanding customer ratings on social media sites. Equipment includes:

2024 Seadoo GTX Pro 130s (8 units):
MSRP $118,000 - Present Value $80,000
2020 Yamaha VX Cruiser HO (3 units):
MSRP $40,500 - Present Value $18,000
Trailers and Slips: Total
MSRP $44,150 - Present Value $36,500
Miscellaneous Equipment:
Present Value $3,000

Total cost of equipment new:
$214,950.00

Present value of all equipment:
$137,400.00

Please contact us to learn more about a truly one of kind opportunity!
About the Business
Employees
10
Currently Relocatable
Yes
Market Outlook / Competition
There is no competitor in Allegheny County, they are truly the only business of their kind in the Pittsburgh market.
Opportunities for Growth
Year 2 saw the business finish in the black with net income of $11,000 (an improvement of $84,000 over year 1). By year 4, they've crossed $100,000 income.
About the Sale
Seller Motivation
Other Business Opportunities
Transition Support
Number of Weeks Seller Will Offer Training: 4
Listing Info
ID
2298886
Listing Views
4650

Contact Seller

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Business Listed by: Michael Butler Transworld Business Advisors

Listing ID: 2298886 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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