Successful fishing/cruising boat charter service

Santa Barbara County, CA

Seller Financing Available
WaveWalker at Santa Cruz Island on a placid sea
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Asking Price: $99,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Established: 1991

Successful fishing/cruising boat charter service

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Business Description

Well-known fishing charter boat with great editorial market exposure

Private fishing/cruising/whale watch/eco-tour charter business (WaveWalker Charters) for sale:
Owner is retiring after 30 years of successful operation with a perfect safety record
Business package includes:

~ Santa Barbara Harbor upwind slip, prime location easy access (for boat up to 31 feet) and nearby parking for customers and crew

~ 1991 Grady-White Atlantic 26 charterboat (31 feet LOA, needs to be repowered)

~ Extensive and highly-sought-after waypoint lists from over 30 years (many super-secret hot fishing spots from WaveWalker and other legendary fishing boats)

~ Prime domain name wavewalker.com ready for your web page content and contact info

~ One season of consulting from seller (Capt. David Bacon)

~ Customer referrals from seller’s bait & tackle store Hook, Line & Sinker (owner may consider also selling the bait & tackle shop for a combined business model)

~ Ongoing discounts on bait & tackle products at Hook, Line & Sinker

~ Ongoing powerful editorial promotion by seller/writer Capt. David Bacon in major west coast fishing publications and speaking engagements

~ Easy access to Santa Barbara County coast and enchanting Channel Islands

WaveWalker Charters has proven scalable, depending upon current needs of the owner, with annual revenues ranging from $50k to $120k, operating part-time. A full-time owner/captain could generate considerably more business

Being the owner and captain of a private-charter boat is the best dream job (lifestyle) imaginable for any age person. WaveWalker Charters has a stellar reputation as a fishing charter boat and that reputation benefits the buyer.

Detailed Information

Location:
Santa Barbara County, CA
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Extensive waypoint list from Capt. David Bacon, combined with waypoints from a legendary fishing party/charter boat is a valuable business component and a potential source of revenue. The valuable ($30k) Santa Barbara Harbor upwind slip is included with the sale. New owner will transfer the slip and begin renting the slip from the City. The 31-foot 1991 Grady White (Atlantic 26 model) charterboat has twin 250-HP outboards (boat needs repowered and electrical work), Furuno electronics and safety gear.
Competition:
Santa Barbara, Montecito and Goleta are affluent communities and there is a very strong tourist industry, so the combined market creates a large and wealthy business base. This charter business can be ramped up aggressively or scaled down to meet the owner’s needs for more free time or more revenue. The only competing fishing charter operators are very part-time, so this business can be grown to command a large share of the market. The other operators are friendly and pass referrals among all operators in order to serve the market well.
Growth & Expansion:
The local and tourism markets are ripe for an ambitious charter operator to grow the business via marketing and promoting aggressively, involvement with the fishing and eco-tourism communities, and by adding offerings such as; photography, whale watch, birdwatch and science, eco and educational tours. The seller is a professional writer for major publications, teaches for a local community college, serves as guest speaker and puts on seminars. Through all these mediums, he is willing to be a strong promoter of the buyer’s business growth.
Financing:
5% discount for cash offering. Seller offers partial financing with 50% down pay
Support & Training:
~ One season of consulting support from owner ~ On-board training ~ Will provide help obtaining a local Business Activity Permit ~ Editorial promotion in major west coast publications and in speaking engagements ~ Referrals from bait & tackle shop ~ discounts from bait & tackle shop ~ Introduction to other charter captains (sources of referrals)
Reason for Selling:
Owner is retiring from the charter business
Business Website:
http://www.wavewalker.com
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Business Listed By:
Capt. David Bacon

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Demographic Information

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