Yacht Charter Business For Sale

Description

Yacht CharterVancouver, British ColumbiaIncludes vessel, with certified appraisal dated May 2025 at 1,075,500 dollars.Note: Photo not of actual vessel.The business focuses on small group charters, primarily 50 to 100 guests, for excursion and food and beverage experiences.Corporate events, private events, and weddings are the main revenue drivers.Operations are concentrated in summer and Christmas seasons, with average excursions of approximately 3 hours.The business is designed to be simple to operate, and the sellers will provide full training to new owners.Financial PerformanceAverage annual revenue over the past 3 years: 546,256 dollarsAverage annual profit over the past 3 years: 233,161 dollarsProfit figures include salaries for two part time seasonal owner operators.Ownership and OperationsThe current owners, who have operated the business for more than 15 years, are both involved in day to day operations.A strong base of repeat customers and new clients is established.Experienced part time on call staff are already in place.No major capital expenditures are currently required.Gross margins are strong and consistent.A unique aspect of the operation is that the vessel has appreciated in value over time, with prior appraisals of 810,000 dollars in 2020 and 1,075,500 dollars in 2025.Transition SupportThe current owner is willing to captain the vessel for up to 2 years post sale at 60 dollars per hour during trips at sea, ensuring operational continuity.Transaction StructureAsking Price: 975,000 dollars CADPayment Terms: 65 percent at closing and 35 percent deferred over 5 yearsThis is a rare opportunity to acquire a well established, high margin charter business with a valuable appreciating marine asset.