SBA Pre-Qualified Boat/Jet Ski Rentals - Low Owner Involvement

Asking Price$495,000

Cash Flow
$125,567
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$497,877

InventoryNot Disclosed

FF&E$185,000
Included in asking price
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SBA Pre-Qualified Boat/Jet Ski Rentals - Low Owner Involvement


Asking Price$495,000

Cash Flow
$125,567
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$497,877

InventoryNot Disclosed

FF&E$185,000
Included in asking price

Seller Financing Available
Business Description
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-898090

Who says you shouldn’t mix business and pleasure?! This well-established boat and jet ski rental business provides healthy margins and reliable revenue for an owner looking to supplement their income with a low-involvement venture in a fun environment. Every year, people flock to the lake looking to form lifelong memories—and this business helps them have those experiences without the costs/ commitments of owning their own watercraft.
The business is fully staffed with several year-round, full-time employees, such that an owner can tend to this business on a part-time basis (the current owners have other businesses that take up the bulk of their time). Further, there is an easily replicable and robust program of insurance in place that transfers any notable operational risks in the business model (more information on this available from owners).
The current ownership is looking to sell this business and use the proceeds to build out their other entrepreneurial activities. And while the owners would prefer to hold on to the real estate at which this business operates, they would be open to discussing the sale of the real estate along with the business. This would have to be discussed further at the time an offer is being crafted.
SBA lender pre-qualification letter will be available for review once the buyer has spoken with the seller.
About the Business
Years in Operation
15
Employees
8
Currently Relocatable
Yes
Facilities & Assets
Real Estate Available

Facilities: Office along highway entrance to water; 4000 sq ft covered boat slips.

Lease Terms Options: Owner is Landlord
Market Outlook / Competition
This company has an established brand awareness in the area, and there are only a few competitors in this geographic region. There is plenty of demand currently, and plenty of opportunities to expand presence.
Opportunities for Growth
- Adding Ski Lessons (particularly wakeboarding/ surfing)
- Boat Tours with Captain (sunset tours, dinner parties, etc)
- Increasing Marketing efforts through various media/ signage/ etc.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
Not Disclosed
Lease Expiration
2/28/2029
About the Sale
Seller Motivation
Other Ventures
Transition Support
Number of Weeks Seller Will Offer Training: 3
Financing Options
Owner Financing Amount: $30,000.00
Listing Info
ID
2338463
Listing Views
744

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Business Listed by: Chip Miller Transworld Business Advisors

Listing ID: 2338463 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.