Jet Ski & Watersports business for sale
Business Description
Established Jet Ski & Watersports Rental Business - St. Petersburg, FL
This well-established watersports rental operation has been serving the St. Petersburg market since 1981, providing jet ski rentals, boat rentals, and various watersports activities. With over 40 years of continuous operation, the business has developed a solid reputation and consistent customer base in one of Florida's premier tourist destinations.
Financial Overview:
- Annual Revenue: $330,000
- Seller's Discretionary Earnings: $195,000
- EBITDA: $245,000
- Strong profit margins demonstrate effective business management
- Consistent financial performance with established revenue streams
Business Assets & Operations:
- $141,000 in inventory included (jet skis, boats, and equipment)
- Turnkey operation currently managed as absentee-owned business
- Experienced management team in place
- Prime waterfront location with excellent customer access
Location Advantages:
- Strategic St. Petersburg location in high-traffic tourist area
- Monthly lease: $3,200 with term extending to December 2028
- Exclusive market position - no competing watersports companies in the immediate area
- Benefits from year-round Florida tourism and local recreational demand
Growth Potential:
- Substantial expansion opportunities at current location
- Multiple additional service offerings can be implemented
- Existing infrastructure supports business scaling
- Untapped revenue streams available for new ownership
Transition & Support:
- Current manager committed to 90-day transition assistance
- Established operational systems and procedures
- Loyal customer base and proven business model
- Ready for immediate ownership transfer
This opportunity represents an excellent entry point into Florida's thriving recreational marine industry. The combination of established operations, prime location, strong financials, and significant growth potential makes this an attractive investment for entrepreneurs seeking a profitable watersports business.
Owner selling due to downsizing. Cash transaction required - no seller or SBA financing available.
Asking Price: $499,999
This well-established watersports rental operation has been serving the St. Petersburg market since 1981, providing jet ski rentals, boat rentals, and various watersports activities. With over 40 years of continuous operation, the business has developed a solid reputation and consistent customer base in one of Florida's premier tourist destinations.
Financial Overview:
- Annual Revenue: $330,000
- Seller's Discretionary Earnings: $195,000
- EBITDA: $245,000
- Strong profit margins demonstrate effective business management
- Consistent financial performance with established revenue streams
Business Assets & Operations:
- $141,000 in inventory included (jet skis, boats, and equipment)
- Turnkey operation currently managed as absentee-owned business
- Experienced management team in place
- Prime waterfront location with excellent customer access
Location Advantages:
- Strategic St. Petersburg location in high-traffic tourist area
- Monthly lease: $3,200 with term extending to December 2028
- Exclusive market position - no competing watersports companies in the immediate area
- Benefits from year-round Florida tourism and local recreational demand
Growth Potential:
- Substantial expansion opportunities at current location
- Multiple additional service offerings can be implemented
- Existing infrastructure supports business scaling
- Untapped revenue streams available for new ownership
Transition & Support:
- Current manager committed to 90-day transition assistance
- Established operational systems and procedures
- Loyal customer base and proven business model
- Ready for immediate ownership transfer
This opportunity represents an excellent entry point into Florida's thriving recreational marine industry. The combination of established operations, prime location, strong financials, and significant growth potential makes this an attractive investment for entrepreneurs seeking a profitable watersports business.
Owner selling due to downsizing. Cash transaction required - no seller or SBA financing available.
Asking Price: $499,999
About the Business
- Years in Operation
- 45
- Employees
- 2 (1 Full-time, 1 Part-time)
- Facilities & Assets
- this location is at a marina it comes with 6 jet skis 1 jetcar and 1 triton boat.
- Market Outlook / Competition
- no other watersports company for miles
- Opportunities for Growth
- lots of opportunity to grow at this location many extra services to be added on with this purchase.
Real Estate
- Owned or Leased
- Leased
- Rent
- $3,200.00 per month
- Lease Expiration
- 12/22/2028
About the Sale
- Seller Motivation
- downsizing
- Transition Support
- manager will help throughout transition for 90 days
- Financing Options
- NO SELLER OR SBA FIANCING AVAILABLE
Listing Info
- ID
- 2514044
- Listing Views
Business Location
Listing ID: 2514044 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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