Tourist Day Sailing Business On The Mayan Riviera For Sale

Business description

Extremely efficient, well managed and profitable tourist day sailing business located on the Mayan Riviera of Mexico. Over 18 years in business with many long term employees - owner retiring. Includes 9 catamarans, 2 buses, over 300 reef licenses, 120 Sq M office, 3 vehicles. Revenue $2.45 mil, net profit $632,000 (08), assets $1.5 mil.
Vendor Takeback Loan Considered

Property information

Real Estate:

Real Property Included

Location:

Prime tourist resort destinations within the region

Other information

Expansion potential:

This business experienced 72 "sold out" days in 2007 and 70 in 2008. Take this business to the next level by adding another boat (est $500,000) to increase cash flow by $300,000 per year!

Competition / Market:

This business operates using over 300 exclusive reef licenses (an asset no longer attainable by others)which seriuosly limits competition

Support & training:

Owner will negotiate a "stay on" arrangement to assist in the transfer of the operations

Reasons for selling:

Owner retiring

Trading hours:

daily - 7 days

Financing available:

Owner financing available

Furniture / Fixtures value:

$1,500,000 (included in the asking price)