Summary
The business provides services ranging from boat hire, maintenance, cleaning, brokerage, mooring services and more.Established in 1988 the business has a diversified range of client
Revenue
$457,600 pa
Rent
$95,852 pa
Expenses
$243,188 pa
Net Profit
$118,560 pa
Location Details
The business is located on the water in Sydney's North
Potential
There is significant upside for the business that is yet to be realised. The business in its current form has significant capacity for an increase in the number of clients and customers, especially with more and more people looking to “escape” closer to home.This charter business is a more affordable holiday destination for Sydney siders and tourists, wanting to experience one of the best waterways in the country.
Skills
The business has a manager in the business that looks after all the Boats and maintenance. It requires a person / couple that can help drive and promote the business.
Hours
During warmer months, some weekend work required but mostly it is 5 days a week.
Lease
The lease has 2 years to run with an option.
Employees
Two owners
I manager
Reason for Sale
Looking to retire
About the Business
The current fleet stands at 9 different boats but has been larger. The charter business have long standing agreements with the boat owners to manage the charters which includes ensuring the boats are well maintained, serviced and cleaned after each charter. This business has afforded a great lifestyle for the owners and provided an income that allowed the owners to raise a family on and off the water. With Sydney’s spectacular waterways and the temperate climate most of the year, the business has clients chartering the boats all year round.
Key Points
• Diversity of Income generating streams
• Long-Term relationships with Boat owners and customers
• Especially in Summer, School holidays and Public holidays, the boats are in very high demand
• Business is located at a very popular marina
• Offers a lifestyle / business opportunity on the water
• Comprehensive Data Base
• Strong reputation in the industry and community
• Ideal for an existing charter boat operator to acquire to expand their operations across Sydney
• Outstanding reviews
The business Services Sydney’s largest waterway with plenty of exploration and mooring spots in many of its coves. With great views, protected anchor points, fishing and many other water activities, this is one of the best waterways in the country.
History
Established in 1998.
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