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Yachts and Boats Business for Sale in Pireas, Greece

For Sale: Yacht brokerage company with over 50 years of experience – international business.
This Business is on a Premium Plan
Established 50-60 year(s)
Employees 5 - 10
Legal Entity Other
Reported Sales USD 5.5 million
Run Rate Sales USD 6.6 million
EBITDA Margin 10 %
Industries Yachts and Boats
Locations  Pireas
Local Time 7:22 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 830 thousand (Native Currency: EUR 750,000)
Reason: The current owner of the business who is the founder has been for over 50 years and now wants to ret... View More
Includes physical assets worth USD 330 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- With 50+ long years of experience, the company collaborates with the most skilled individuals to address every demand that a boat may have nowadays.
- As mega yacht agents, best quality luxury yacht services are offered and bespoke shore support is provided for the yacht owners, charterers, crew, and guests, arranging everything that might be needed at sea or ashore.
- The company has built a unique network for Greece (mainland and the islands), Turkey, Egypt, Croatia, and the Mediterranean ports.
- A number of 10,000 clients is achieved with whom strong relationships have been built based on trust.
- Operates with a small team of 6 permanent employees, supplemented by over 10 contract employees including lawyers, consultants, and agents.
- The company primarily generates revenue through two main models: yacht sales and yacht chartering, with a focus on the former. However, there is a strong potential for growth in the chartering segment.
- They earn a certain % commission off each sale/charter.
- Currently, the business serves approximately 30 clients per month, indicating a steady and active client base.
- The business is registered under the Chamber of Commerce.
Products & Services Overview
Services include - yacht brokerage, charters, agency, consultants, management, and representatives.
Main revenue stream is yacht sales/weekly charter.
Established contracts with yacht owners, charterers, crew, and guests.
Clients include both individual buyers as well tourism businesses.
Top selling yacht categories include - motor and sailing yachts.
Assets Overview
Full office furniture, desks of very good quality, conference table, telephone devices, computers, large storage space, printers.
Facilities Overview
The office is located in Piraeus, Greece. Its location is privileged, as the area is quiet but at the same time has easy access to the commercial and entertainment hub of the biggest Marina in Piraeus, as well as public transport.
It is a business space in excellent condition with a total area of 141 sq. m. , on the ground floor, completely renovated in 2012. It consists of an open space of 100 sq. m. which has a kitchen and a bathroom with a shower, a large warehouse of 41 sq. m (which is connected and can be converted into an office), in addition to the office space and outdoor greenery of 15 sq. m. at the back of the main area.
This is owned, but will not be a part of the sale, only the office will be sold, and the new buyer can operate from a location of their choice.
Capitalization Overview
There are no debts or loans in the company. The business is sustained by its earnings. There has been only one owner.
Recent Activity
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2 Buyers 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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