Corporate and Private Yacht Charter Service Business For Sale in Florida

Corporate and Private Yacht Charter Service

Asking Price:	$19,500,000	Inventory:
Gross Revenue:	Not Disclosed	Real Estate:	n/a
Cash Flow:	Not Disclosed	FF&E:	n/a
++ included in the asking price not** included in the asking price

For over 30 years this premier corporate yacht charter/event planning business has been providing customized events for fortune 1000 companies and companies is Europe, South America and the middle east. The business was built on quality and customer service. 80% of revenue comes from corporate entertaining, 20% from the private sector.
The business is based at a very desireable waterfront facility owned by the seller. The real estate is valued at $8 million and is included in the price of the business.
Economic conditions reduced 2008 revenue to $4.25 million but revenues over the past five years reached as high as $8 million with EBITDA + OC well over $2.5 million.
The sale is structured as an "Asset Sale' and is being offered for $19,500,000.00. The seller is very motivated and ready to retire but will remain with the business as needed by a qualified buyer.

About the Business

Year Established:1976

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Seller ID:	FLO824-CV
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Business Listed By
Warren Cave \| Sunbelt Mergers View All of My Listings


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