MergerPlace

Luxury Yachting Crew Placement Service

Florida


  • Asking Price: $129,000
  • Gross Income: $243,990
  • Cash Flow: $62,679
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $4,000
  • Listing ID: #201926
  • Established: 2006
  • Employees: 2

Business Description

Crew placement service connecting owners of luxury yachts to a database of over 40,000 professional crew members worldwide. This subscription based service has gained acceptance as a cost-effective alternative to the traditional fee-based placement services. Both employers and employees can access the database and upload resumes, photos and references via computer or mobile app. The company has been in business for over ten years in South Florida, one of the world's yachting capitals.


Business Details

Primary Business Category: Services - Business
Location: Florida

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2

Financial Information

Asking Price: $129,000
Gross Revenue: $243,990
Cash Flow: $62,679
EBITDA: $62,679
FF&E: $4,000
Seller Financing Available: No

Property Information

Facilities:

Company operates out of a 738 square foot office suite.

Growth & expansion opportunities:

Over 300 new yachts have been delivered in the past 2 years and 450 are on order. Ultra high net worth households spend over $20 billion annually on building, chartering and sailing yachts. The number of these households is expected to continue to grow. This means more jobs in the industry and more clients needing assistance to fill these jobs.

Competition:

There are over 4,500 Super-yachts over 100 feet in the world today, each needing professional crews to operate them. This company provides its clients with one of the most comprehensive databases of owners and crew members in the marine industry.

Reason for selling:

Retirement

Support & Training:

Seller to stay on for two weeks of training at no charge and could be available on a consulting basis.

Contact Business Seller

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Business Listed By:

Roberta Caputo

Capital Business Solutions