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WORLD-YACHTS.COM

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This was a great opportunity and went under contract very quickly to a very lucky and very bright buyer. This yacht brokerage firm specializes in sail and powerboats in the 25 to 80 foot size range. They have a team of 41 sales executives are strategically located in the major boating centers throughout the States of Florida, Massachusetts, Georgia, the New York metro and New Jersey Shore area, and North & South Carolina. In the last several years, sales have been made to one or more customers in Australia, Turkey, Russia, Israel, Singapore, Thailand, South Africa, Panama, Bermuda , Ecuador, Jamaica, and numerous European countries including Sweden, Norway, Netherlands, Germany, Spain, Greece and the UK. Great sector! Great lifestyle play! The Seller retired as a CFO for a publicly traded company and founded this company. After successfully building it for 3 years, he decided to allow another to come in and take it to an even higher level. The Buyer was a very successful salesman for an aerospace defense company who was looking at a lifestyle change and certainly found it with this company. This was substantially financed by through an SBA backed loan.

Asking Price
$ 1,250,000
Cash Flow
$ 425,000
Gross Income
$ 7,000,000
Year Established
2000
Employees
41

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