Newly Established Yachts and Boats Business for Sale in Vila Real, Portugal
For Sale: Electric boat charters & tours with approved non-refundable EU grant.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Yachts and Boats + 1 more |
| Locations | Vila Real |
| Local Time | 6:19 PM Europe / Lisbon |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.74 million
(Native Currency: EUR 1,500,000)
Reason: Due to the age of owner.
Includes physical assets worth
USD
1.74 million
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Business Name
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Business Overview
Startup with a management team in place and funded assets. Asset value of EUR 6 million is covered by non refundable grant and low interest rate loan. The grant is a subsidy (up to 60% of total investment) plus a 0% interest loan if necessary. We have around 30 boats of different types. We expect the revenues to be EUR 600k in the first year of operations.
Products & Services Overview
Green boat hourly rental, daily cruises, week cruises, lodging, river and sea cruises, boat and hydrofoil renting.
Assets Overview
Buyer would receive all the physical assets including electric and solar vessels, office equipment, 30 boats of different types and electric vehicles. The assets were purchased at a total worth of EUR 6 million.
Facilities Overview
We have an office space of around 1,000 square feet and the monthly rent is around EUR 500.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Real Estate Investment, Lisbon, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSenior Portfolio Manager, M&A, Portugal, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Boat Company, Montreal, Corporate Investor / Buyer connected with the Business
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