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Vehicle Rental Company for Sale in St. Thomas, U.S. Virgin Islands

Established boat charter business with loyal customer base and 200 charters booked annually.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 190 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 30 %
Industries Vehicle Rental + 1 more
Locations  St. Thomas
Local Time 11:51 PM America / St Thomas
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 199 thousand (Native Currency: USD 199,000)
Reason: The owner is looking to retire and hence wants to sell the business.
Includes physical assets worth USD 199 thousand
Name, Phone, Email
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Business Name
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User Verification
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Business Overview
- The business specializes in offering captained boat charters on a daily rental basis.
- Customers use it for tours, sightseeing, and snorkelling in St. Thomas, catering to the tourist market.
- The company has one owned Molokai boat and employs 2 captains, providing private charter services for tourists to explore the Virgin Islands waters as they wish.
- Charge an Average charter price of USD 895 per day.
- With 12 years of operation, the business has established a loyal customer base.
- Operates a day-to-day charter rental model from 8:30 am to 3 pm.
- Boasts an average of 200 charters booked annually, indicating a steady demand for its services.
- The boat is well-maintained and in new condition, with a total capacity of around 11 passengers, ensuring a comfortable and enjoyable experience for customers.
- The business holds the necessary business license which is inclusive of all the required approvals and permissions, to operate.
- Two captains and an owner are sufficient given the nature of the operations of a boat charter business.
Products & Services Overview
- The business's top-selling service is captained boat charters, rented on a daily basis.
- Tourists visiting St. Thomas primarily use these charters for sightseeing, snorkelling, and exploring the Virgin Islands, enjoying a personalized experience.
Assets Overview
The key tangible asset is the owned boat.
The value of the boast is the selling price of USD 199,000 due to the aggressive pricing strategy used by the owner.
Intangibles include the company's business license, website, and phone number.
Facilities Overview
There is no physical office facility as such.
We have leased a slip (docking space) for our boat.
Capitalization Overview
The business is an LLC run by a single-owner.
There is no debt and liability as a part of the company.
Recent Activity
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1 Buyer contacted this Business this week. 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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