40 Year Old Yacht Brokerage Firm

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Asking Price: $499,000
Gross Revenue: $569,547
Seller Discretionary Earnings (SDE): $206,573

Founded in 1984 this yacht brokerage provides services for the owners of used power and sail vessels. There are seven brokers throughout SC and they sell boats up and down the east coast enjoying an excellent reputation and a long list of repeat customers.

The owner fulfills the typical role of a small business owner while working approximately 30 hours per week. He is active in sales and wishes to continue in this role for the new owner.

Low fixed costs produce high margins year after year.

A pipeline of 60+/- listings Is typically maintained. Because the listing agreements are not assignable, the purchase will be of the S-corporation stock.

Excellent opportunity for an experienced yacht broker/brokerage firm to expand their geographic reach as well as for an individual with a knowledge of vessels and a comfort with sales.

Contact Scott C. Hopper for Nondisclosure Agreement. SH@CharlestonBusinessBrokers.com.