Profitable Fishing Charter Business
Providenciales County, Turks & Caicos, UNDISCLOSED
| Asking Price: |
Gross: |
Cash Flow: |
| $1,125,000 |
$838,459 |
$219,303 |
Furniture and Fixtures Value:
$69,500 (included in the asking price)
Inventory Value:
$7,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This absentee-run charter company is located within the Turks and Caicos Islands, where it operates 3 vessels and caters to families looking for a great family fishing experience on the water. They offer Deep Sea Fishing as a specialty and Reef-Bottom fishing, as well as snorkeling experiences. The business has been in operation for over 20 years, it’s fully staffed and well-equipped. The company focuses on direct sales to minimize paying commissions but is well-aligned with all the major resorts. This is an excellent hands-off business. Be as involved as you like! Great island, a great culture with lots of tourists and it is increasing as the tourism board, residential, and hotel developers is staggering. Virgin Atlantic just announced they will start flying to Turks directly from London UK. Serviced by all the major American airlines. Oh, and there is no income tax, capital gains tax, property tax, inheritance tax, or corporation tax in the Turks and Caicos Islands. This company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower-middle-market business owners and buyers with transaction expertise. For more information on this business for sale contact listing agent Tom Milana. Please refer to listing #0101-702679 when inquiring about this listing. Thank you!
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| Year
Business was Established: 2003 |
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| Number of Employees:
6 FT / 1 Mgr |
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| Facilities / Terms of Lease:
Type of Location Office
Facilities Marina Office/Storage
Monthly Rent $900.00
Square Units (Foot, Meter) 900
Lease Expiration Date December 31, 2023, 12:00:00 AM
Terms Options Month to Month |
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| Potential
Growth/Expansion:
Potential Growth: About 95% of their current guests come from USA to which two new boats have been planned, targeting two different markets pushing the company revenue to a projected $2.1 million in 2024.
1/ Leopard 43' Power Cat for Ultimate Luxury Fish, Snorkel and Cruise trips. Private charters only, for up to 15 -20 people. This will provide private groups to enjoy some fishing (optional) on the reef and then we will cruise to a private location, where the crew will expertly grill your catch and serve a luxurious lunch. Snorkel and/or private beach walks on a deserted island.
2/ GKat 35' custom build. This boat will be catering to those people that wish to go on a shared/group trip with others out to the reef for bare bones reef fishing. Contract with Beaches resort. |
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| Owner
willing to finance:
Owner Financing Terms $425,000.00 Owner Financing Interest 8% Owner Financing Terms Months 60 Owner Financing Monthly Payment $8,617.47 |
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| Owner
willing to train:
Will train for 4 weeks @ no cost. |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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