40-Year-Old Yacht Brokerage with High Margins
South Carolina
| Asking Price: | $499,000 |
| Gross Revenue: | $569,547 |
| Established Year: | 1984 |
| Cash Flow: | $206,573 |
| Rent: | $1,500/Month |
Listing ID: 2224342Listing provided by BizBuySell
BUSINESS DESCRIPTION
Founded in 1984 and now available for purchase from the founding owner, this coastal South Carolina broker of used yachts enjoys an excellent reputation and a robust repeat and referral network.
With six employees, five of whom (including the seller) are broker/agents, this is both a great opportunity for someone to break into the yacht brokerage industry or for an existing yacht brokerage to expand their geographic footprint. As an added bonus, the current owner's work week averages 30 hours with 10-15 of those being business management.
Please contact the broker via email for an NDA.
DETAILED INFORMATION
Location
South Carolina
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Employees
6
Facilities
1,000 sq ft office in a marina location.
Growth & Expansion
New owner may add additional agents and expand the existing geography.
Support & Training
Seller desires to remain as an agent so more than ample support and training will be given.
Reason for Selling
Seller is above retirement age and wishes to move away from business ownership w
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