Awesome Opportunity To Own Pittsburgh's Only Jet Ski Rental!

Pittsburgh, PA

Seller Financing Available

listing image
Asking Price:$249,000
Gross Revenue:$272,750
Cash Flow:$110,600
BUSINESS DESCRIPTION

Incredible opportunity to own a unique and rapidly growing business - the only Jet Ski Rental located on Pittsburgh's 3 Rivers!

The business runs from Mid-May to late September - a great lifestyle opportunity business. They are positioning to relocate to a prime downtown location that should only accelerate the growth trajectory.

The owners are a dynamic young entrepreneurs who have this business well position for the next phase. Revenues have increased by 20% from year 1 to year 4 and net income has soared, doubling from year 3 to 4.

This is a turn key opportunity everything from top-of-the-line jet skis, to management staff, to a forward looking business plan is in place. Not to mention an outstanding reputation reflected in outstanding customer ratings on social media sites. Equipment includes:

2024 Seadoo GTX Pro 130s (8 units):
MSRP $118,000 - Present Value $80,000
2020 Yamaha VX Cruiser HO (3 units):
MSRP $40,500 - Present Value $18,000
Trailers and Slips: Total
MSRP $44,150 - Present Value $36,500
Miscellaneous Equipment:
Present Value $3,000

Total cost of equipment new:
$214,950.00

Present value of all equipment:
$137,400.00

Please contact us to learn more about a truly one of kind opportunity!


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
10
Competition
There is no competitor in Allegheny County, they are truly the only business of their kind in the Pittsburgh market.
Growth & Expansion
Year 2 saw the business finish in the black with net income of $11,000 (an improvement of $84,000 over year 1). By year 4, they've crossed $100,000 income.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
Other Business Opportunities
Report an Issue with this listing
profile-img
Michael
Butler
logo-img
Michael Butler