Rare opportunity to acquire a well established TowBoatUS franchise and marine services business serving the Long Island Sound with multiple operating locations and a strong reputation throughout the boating community.
Current operations consist of 4 ports across the Long Island and Connecticut shorelines; the new owner is able to seamlessly operate out of any of the 4 ports (Stamford, Bridgeport, Oyster Bay, or Northport).

The current owner is not a licensed Captain and is never on the water, instead focusing on the administrative side of the business. He maintains a full-time job outside of the maritime industry. There is a General Manager and Assistant General Manager in place, though an owner-operator who is willing to Captain vessels, respond to service calls, or participate directly in operations, has substantial opportunity to increase profitability by reducing labor costs and capturing additional revenue opportunities.

Two complementary marine businesses removes the seasonality aspect of the business with cash flows from January - December.
Seller is willing to provide transition assistance to ensure a smooth ownership transfer and continuity of operations.
Additional information, financial statements, and asset schedules will be provided to qualified buyers upon execution of a non-disclosure agreement.