41 Year Old Yacht Brokerage Firm

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Asking Price: $475,000
Gross Revenue: $544,048
Seller Discretionary Earnings (SDE): $167,230
Description

Founded in 1984 and now available for purchase from the founder, 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 and sales team. The current owner's work week averages 30 hours with 10-15 of those being business management. He desires to remain as an out-of-office agent for the new owner.

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