• Status of Business : For Sale
• Property Status : Lease
• Asking Price : $234
• Cash Flow : $234
• Sales Revenue : $1234
• Total Investment : $241
• Franchises Fee : $2314
• Business Type : Engineering

USD $600,000.00 for 100.0% stake We recently received an offer valued at $5,000,000.00 from a celebrity customer to endorse our company. Reason: The boat market in the USA is the biggest in the world, two years ago we started this project and manufactured a competitive boat with an above-average profit margin, now we need to grow and that's why we are going to open a part of the company to be able to produce in series. Includes physical assets worth USD 2 million Currently, these boats are rented for USD $350.00 hourly in Miami Beach Florida. The company attract more consumers than standard jet skis that rent for $100.00 to $150.00 hourly. We provide customers with drone footage with every rental, which allows them to promote us on their social media pages. Business Overview - Florida has the world's largest boat market. - We have spent 2 years developing this product, and now we are ready for large-scale manufacturing. - We have already obtained certification from the U. S. Coast Guard, and we are currently developing 6 new models. - The business will also be opening up opportunities for investors to join in on this project. - The business has a single owner with complete shareholding. - We've been designing for the last three years, we've been producing for a year, and with little capital, we're manufacturing 6 models. - Production capacity of 140 units per month, but we can double the production from year to year. With the 6 models that we have in line, some are already in stores in Florida. - The business is projecting sales of USD 1.3m this year. Products & Services Overview The business is involved in the manufacturing of boats. Assets Overview Tangible assets: Equipment and machinery. Inventory (raw materials, finished products, supplies, etc. ) Furniture and fixtures. Infrastructure (utilities, communication systems, etc. ) Product stock (finished goods available for sale) Intellectual property (patents, trademarks, copyrights) Intangible assets: Brand value and reputation. Intellectual property. Customer relationships and goodwill. Domain names and website content. Contracts and agreements. Business processes and systems. Employee expertise and knowledge. Facilities Overview We set up the project and moulds in Turkey, utilizing lower costs. The transition to the factory in Florida is expected to take place in 2024. We manufacture 6 boat models per month with our current workforce, and we can increase production based on sales. Our factory is in Turkey, we send it by ship to the port and we sell it in Florida, as soon as we structure a partnership, we will bring the whole company to Florida. Currently, the business has a sole owner and has already invested close to USD $500,000.00 in this project over the last 2 years. This investment includes market research, design development, attending boat shows, CNC milling for the moulds, and the production of the initial units. " Established 1-5 year(s) Employees 10 - 50 Legal Entity Limited Liability Company (LLC) Reported Sales USD 1.8 million Run Rate Sales Nil EBITDA Margin 26 % Industries Yachts and Boats Locations Florida Local Time 12:05 PM America / New York Listed By Business Owner / Director Status Moderately Active I am selling the business due to a death in the family, causing me to move overseas and manage my father's business.