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Adventure Sports Company for Sale in Thailand

For Sale: Popular party catamaran & tour operator company with excellent brand value.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1.85 million
Run Rate Sales USD 440 thousand
EBITDA Margin 21 %
Industries Sports Facilities + 1 more
Locations Thailand
Local Time 10:47 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 910 thousand (Native Currency: THB 29,000,000)
Reason: Owners plans to invest in a new project.
Includes physical assets worth USD 780 thousand
Interested to connect with advisors
Documents
Business Overview
- One of the well-known party boat and day tour operator which has been operational for 5+ years.
- Business owns a spacious and well-maintained Catamaran to run the business.
- Catamaran can accommodate up to 90 guests for commercial events ranging from private parties, DJ sessions, corporate gatherings and daily tours.
- We have an extensive database, notably of over 2,000 travel agents who gives us regular business.
- Our brand maintains a renown reputation and has established itself as the go-to boat charter experience in the region.
- The catamaran has been used extensively over the past six years with new Yanmar engines installed 4 years ago by region's authorised dealer, along with a new Kohler generator last year. It also underwent a further refit last year, incorporating new anti-fouling, new trampolines, a new freshwater pump, new fridge compressors, a new gas system to huge BBQ, bimini extensions, new stainless steelwork, new hatches.
- Catamaran boasts its own DJ booth from where guests are entertained with a generous-sized dance floor area to enjoy the state-of-the-art sound system.
- The Thai registered company and the catamaran can be relocated elsewhere in Thailand.
- Business has provided its owners with outstanding RoI over the years and the catamaran is now ready to reward her new owner with a successful lifestyle business.
- Pre Covid we were operating 7 days per week on average 350 days/year, with an average of 60 guests per day and an average spends per head of THB 2,491. Currently, we operate around 3 times per week for private charters, with a special starting price per day of THB 89,000. As the Covid situation continues to improve, we are welcoming a substantial amount of new direct bookings and enquiries, and a steady increase of requests from our partner travel agents currently catering to the Thai market. This is also the reason for the reduction in the recent revenue but we are observing positive growth.
Products & Services Overview
Private boat charters, parties and corporate gatherings, adventure water sports, surfing.
Assets Overview
- Uniquely refitted, recently renovated and fully equipped 12-year-old Ocean Voyager Catamaran.
- 1-year boat insurance until next year.
- Registered Thai company & all relevant licenses.
- 150m2 rented office in Chalong which 5 minutes away from the berthing point, with 3 years remaining on the lease contract.
- 3x Mazda 2 1,300cc cars (5 years old).
- 1x brand new Toyota Commuter 2,800cc.
Facilities Overview
- Owned Ocean Voyager 74 Catamaran (please enquire for all the technical details)
- 150 m2 office with a 3-year remaining contract and a heavily discounted rental price.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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