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Leisure and Recreation Company for Sale in Grace Bay, Turks and Caicos Islands

Acquire a leading deep-sea fishing charter company in Turks and Caicos with 500+ charters annually.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity C Corporation
Reported Sales USD 800 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin 25 %
Industries Leisure and Recreation
Locations  Grace Bay
Local Time 12:04 PM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: USD 1,200,000)
Reason: The owner is selling the business due to health reasons.
Includes physical assets worth USD 500 thousand
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Business Overview
1. Strong market position: The business operates as the leading deep-sea fishing charter company in the Turks and Caicos Islands, with over 500 charters conducted annually.
2. Premium pricing: The business charges USD 2,020 for its charters, reflecting a premium pricing strategy and catering to high-end clientele, which may contribute to favorable profit margins.
3. Favorable tax environment: With no taxes on the island, the business benefits from a tax-friendly operating environment, potentially enhancing its bottom line and overall profitability.
4. High tourist visits: The company operates in a luxury island destination that sees over 500,000 tourist visits annually, indicating a robust tourism market that provides a substantial customer base for its services.
5. Diversified revenue streams: The business offers private deep sea charters and reef fishing charters, demonstrating a diversified service offering to meet varying customer preferences and potentially capture different market segments.
6. Multi-channel marketing: The company leverages a strong social media presence, Google Adsense advertising, and a monthly newsletter reaching 3500+ clients, indicating a proactive approach to marketing and customer engagement.
7. The company has only 2 permanent employees and the rest are part-time employees hired only during the charters.
8. The promoter is based out of Canada and travels in and out of the island for business.
9. The company has all the necessary licenses and certifications.
Products & Services Overview
The business's top-selling services are:
- Private deep sea charters.
- Reef fishing charters.
Assets Overview
Tangible assets: 2 vessels, the office setup, and other equipment worth USD 500,000.
Intangible assets: Website, goodwill, and our current customer base.
Facilities Overview
The business operates from a rented office of an area of 1,200 sq ft and incurs a monthly rent of USD 900. The office is located in Grace Bay, Turks and Caicos Islands.
Capitalization Overview
The owner funds the business and the business has 2 shareholders with a 51-49 split.
Recent Activity
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2 Buyers already contacted this Business. Register below to connect now!
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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