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Newly Established Boat Dealers Company for Sale in Dubai, United Arab Emirates

Newco Full running yacht rental company for sale.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 780 thousand
EBITDA Margin 30 - 40 %
Industries Yachts and Boats + 1 more
Locations  Dubai
Local Time 8:44 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 490 thousand (Native Currency: AED 1,800,000)
Reason: Due to emergency reasons we are moving back.
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Boats are fully insured at houseboat AED 1.600.000,00 each Rib boat AED 180.000,00, and Sailing Yacht AED 380.000,00.
Crew is fully certified and well-experienced.
Amounts are excluding 5% VAT.
Houseboat Engines are brand new, 2 x Honda 50HP only, low fuel costs.
The company has 5 employees:
Secretary/Planner.
2 Captains with driving license & Padi Diving.
2 Deckhands certified STCW.
Products & Services Overview
2 houseboats and a speed boat + sailing yacht.
We offer luxury cruises ranging from 1 to 8 hour cruises.
The boats are offered for rent on an hourly bases.
We have fully setup the business.
Two unique house boats that run on solar panels (first of its kind in the UAE)
One rib boat for speed boat tours.
All crew have the needed licenses, so do the boats and the company it self to operate.
Bank accounts are up and running.
Social media platforms have been setup & 3rd party website like TripAdvisor.
F&B options have been created.
Assets Overview
The tangible assets include:
- 2 x Houseboat.
- 1 x Speed boat.
- 1 x Sailing.
- These assets are worth AED 2.7 million, however, they are being offered at a discounted valuation of AED 2 million.
Facilities Overview
Speed boat is on trailer.
The two house boats & sailing yacht are docked in the marina.
Capitalization Overview
- No debt and outstanding loans.
- Boats are self-supported with solar energy no need for third-party electricity.
- Funded by private capital.
Recent Activity
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19 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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