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6Boat Charter, Rental, Leasing Business / Downtown ChicagoSuccessful Income Generating Chicago Boat Charter & Rental Business
$292,025
Boat Charter, Rental, Leasing Business / Downtown ChicagoSuccessful Income Generating Chicago Boat Charter & Rental Business

Cook County, IL

Our boat charter and rental business started (2001) as my retirement gift to myself, forming ChicagoWaterCraft but expanded into a multi-division company (2014) with separate divisional names of RentChicagoBoats.com and Indianadocks.com. We are only selling the most valuable and successful piece, the boating division RentChicagoBoats. The business has operated from River City Marina since 2003 and is known for being Chicago's year-round live-aboard boating community where boats stay in-water year-round. The owner serves on the board of directors. Our brand is noted to be the only boat company willing to take on unique boating projects beyond the typical boating season timeline. If the new business owners desire to stay at RCM, we can consult on expansion opportunities by gaining more leases with fleet expansion. No other "private" river based marina in Chicago can offer that position. Chicago is an amazing destination to own our charter and boating business. There are over 100 specialty and lakefront events that occur each year that our prospective boating clients can enjoy annually on the water, not including boating for their own special reasons. We are strategically located Downtown Chicago, on the South Branch of the Chicago River and lease boat slips at River City Marina. Our boating season starts when the weather breaks usually in late April/ early May and through early-October depending again on weather. The season can expand depending on the needs of the customers, the occasion or the weather. Our clients benefit from both the scenic Chicago River and the beautiful Lake Michigan. Our leased slips are perfectly positioned next to or across from each other to minimize labor costs, cleaning and repair supply waste, and tool acquisition. Each slip can add a large dock box rental to save on equipment costs. The lease rate that's listed below represents the year-round rates of 38' slip, 25' slip, and 21' slip. The rates include all your utility costs as well as basic WiFi. A unique benefit that no other rental company has in Chicago is, that our owner can lease his boat lift capable of lifting up to 18,000+ lbs. This feature can be made available to increase revenue streams in on-water boating services: hull cleaning/power washing, boat detailing, minor repairs, seasonal prep, etc. The lease option is available for the lift's use for the upcoming 2018 year-round season for an additional lease agreement. We got away from marketing and providing these boat detailing services regularly with changes in the business economy, but these services can easily be re-established again because of the proximity of our lift asset in Downtown Chicago. Our 2014-2017 email database and past boating contracts for seasonal sales will be made available at the time of the sale. Our social media sites will be transferred to new ownership. Our phone records during the 2017 summer season will be made available as a ready made phone and text database to direct market too. Our business information, boating photos, all will be prepped and ready for transfer. No debt will be included with the sale of the business. All loan debt will stay with the business owner and will be paid from sale proceeds. The yacht does have an original purchase non-transferable bank lien. There will be no liens transferred on any of the assets received once the sale is made if the yacht is included in the sale. Otherwise the yacht will be sold separately. Those approaching me who may not have boating experience, and who may ask for me to stay on, here's what I'll consider. You buy the business from me, and I'll negotiate a lengthier consulting arrangement to problem-solve maritime and business issues, brainstorm on creative marketing, social media, and sales strategies, and nurture you through a season or more. I started off running a business leisurely on weekends and grew it creatively with market demands. Part-time or full time. Your choice!


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