Yachts and Boats Company for Sale in Kotor, Montenegro

Highly-rated yacht charter company partnered with brokers & agents in the travel industry.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.2 million
Run Rate Sales USD 900 thousand
EBITDA Margin 33 %
Industries Yachts and Boats + 1 more
Locations  Kotor
Local Time 6:04 AM Europe / Podgorica
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 800 thousand (Native Currency: EUR 670,000)
Reason: The owner plans to exit to focus on his other businesses.
Includes physical assets worth USD 120 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a yacht charter company that rents and charters yachts.

- We operate with 4 vessels (with 28 cabins) for 22 weeks during the holiday season from May to October and specialize in providing customized gulet cruise holiday packages.

- Receive more than 1,000 clients seasonally either through direct bookings or through brokers and travel agents.

- Have a 98% occupancy rate on bookings, but, this season the rate has dropped to 75% due to the pandemic. The bookings we received for this season during the lockdown period have been rescheduled for the next year but the payment money is still with us.

- Partnered with brokers and travel agents.

- 30% of our bookings are direct bookings.

- Have certified reviews on Feefo with a 4.9/5 rating.

Products & Services Overview

We provide luxury sailing cruises, tours by bike and boat, and customized cruises.

Assets Overview

Full business, 2 passengers vans, 1 personal vehicle, 15 bikes and 4 leased vessels with an agreement for 5 years (with permission to sub-let).

Facilities Overview

Own office, we have a lease agreement with the fleet for 5 years.

Recent Activity
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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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