Sailboat Dealership, Parts & Service Department with Instruction School and Boat Rental
Location: California > Placer County > South lake Tahoe
Industry: Entertainment and Leisure > Other Entertainment and Leisure
Financials
Asking Price: $199,900
Gross Revenue: $325,000
Cash Flow: $84,000
Inventory: $4,000 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Seller Financing: Cash or with acceptable sales price and terms, the Seller will finance the balance of the purchase cost.
Business Summary
World class vacation destination sailing school at Lake Tahoe, with Charter club and Catalina yacht dealership. The dual-location operation boasts the only Catalina Yacht dealership and the only American Sailing Association certified classroom instruction in the area. The perfect opportunity for anyone interested in sailing and yacht club sailing. The convenient marina location strategically places the owner in the optimal marketing location for classroom instruction and yacht sale. The school facility is located at the marina with prime location for easy access to boat slips. The business also includes the shop location for rigging and is a short distance from the marina. The shop facilities are well equipped for sales of new yachts as wells as maintenance and repairs. The business is open 7 days a week from 8am-6pm during the high season. The business is not a franchise and is independently currently operated by the original founder and owner. This diverse business includes a certified sailing instruction school, yacht dealership and shop to provide all services for customers ranging from the beginning student to advanced sailors looking to charter a yacht. A large loyal customer base, Turn-key operation, 2 web sites and minimal risk of capital, are attractive and desirable elements of value when considering this investment. The growth of this business over the past decade has been considerable and substantial. The future outlook continues to be very positive with this business having a long history of continued success and no competition. SBA financing is available. With acceptable sales price and terms, the Seller will finance the balance of the purchase cost. After many successful years of ownership, the owner is pursuing a new business interest.
About the Business
Year Established: 1993
Facilities: The school facility is located at the marina with prime location for easy access to boat slips. The business also includes the shop location for rigging and is a short distance from the marina. The shop facilities are well equipped for sales of new yachts as wells as maintenance and repairs.
Market Outlook and Competition: This diverse business includes a certified sailing instruction school, yacht dealership and shop to provide all services for customers ranging from the beginning student to advanced sailors looking to charter a yacht. A large loyal customer base, Turn-key operation, 2 web sites and minimal risk of capital, are attractive and desirable elements of value when considering this investment. The growth of this business over the past decade has been considerable and substantial. The future outlook continues to be very positive with this business having a long history of continued success and no competition.
About the Sale
Management Training and Support: Seller will provide orientation and training included in the purchase price.
Reason For Selling: After many successful years of ownership, the owner is pursuing a new business interest.
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Listing Tools
BizQuest ID:885962
Seller ID:08-799902-01
Business Listed By
Name:Steven J. Lang
Company:Reno Business Brokers
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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. Please review the full Disclaimer here.