97' Charter yatch business for sale profitable

Hoboken, NJ (Hudson County)

Seller Financing Available
97' Charter yatch business for sale profitable

Asking Price:$1,725,000

Cash Flow:$182,256

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:$1,000,000

Inventory:N/A

Real Estate:N/A

Established:N/A

97' Charter yatch business for sale profitable

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Business Description

Extremely high end private luxury yacht 97’ length, 23’ Beam. That provides private charter service. All operating Cost assumed by leaser. Who came thru a charter broker. Figures represented are what owners received after all commissioned broker fees are taken out. This yacht does NO independent sales/ marketing. All bookings are through brokers to whom 15 to 50% commission fees are collected. Brokers assume all operating cost, food, fuel, beverage, set labor cost. At least $250K in additional profit can come back to vessel owner if they were to provide bookings/ charter themselves. Typical events are catered dinners (vessel has its own galley to provide for this) lunches and cocktail affairs. Typical destinations are New York Harbor cruises overnight trips to the Hamptons, Greenwich. Film, advertising photo shoots and celebrity celebrations. Since Yacht does no independent sales and marketing; any owner especially those now in the catering field can have a carte blache cost structures in any events that owners assume on their own. This is perfect vessel purchase for any present high-end caterer or a chef of renown to embark onto a life of FANTASY with high profit expectations. Presently Kia Ora only focuses on the NYC markets: Greenwich, Atlantic City, and New England. New owner in winter can do the Florida/ Caribbean, extremely lucrative markets. Sales and profits can easily attain $1,000,000 with over half a million in annual profits. Documented list of CEO’s, Hollywood Celebrities, hedge Fund, Investment Bank managers, Arab Royalty, Foreign Politicians, dignitaries, professional athletes, Russian and Chinese Billionaires, Vessel has been maintained in impeccable shape. Renovation in 2010 and continually updates, Shows as new, 12 guests at a time but can do owners events for 25-30 guests. Chef and captain available on all charters billed thru broker at $300.00 daily, each. Charters/ volume and profits increase every year. Doug 973 620 1810

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
97 foot state of the Art vessel set to 12+ passengers on catered cruises of ecstasy. Vessel constantly updated.
Competition:
This is it- smaller vessels that cannot give the luxurious taste.
Growth & Expansion:
Fit for present day caterer who would take over more than double net profits.
Financing:
Owner would finance Deal 30% down if buyer were to support loan with proper collatera
Support & Training:
Two Weeks
Reason for Selling:
Owner wants to get involved with land based operation.

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DOUGLAS BODNER

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DOUGLAS BODNER

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Larry Bodner

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