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.
Capitalization Overview
- No debt and outstanding loans.
- Boats are self-supported with solar energy no need for third-party electricity.
- Funded by private capital.
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.
Full Sale
Asking Price:
INR
4.1 crore
(Native Currency: AED 1,800,000)
Reason: Due to emergency reasons we are moving back.
Includes physical assets worth
INR
4.6 crore
Interested to connect with advisors
In talks with 3 Investors