Business Summary

Exclusive product / brand rights for i.o.i. territories
Loyal and growing customer base (always growing)
Long term HIGH END customers on Management contracts for their boats – includes storage, maintenance and proactive care (only used 2-3 times per year on average)
We offer parts, sales and services.
We sell new boats factory direct as authorized dealers, We buy and sell used boats.

Well established Marine Service & Sales, SLA contract clients, Retail of new and used boats, Service and Repairs, Spare parts. Business has exclusive agencies on selected leading brands. Territories covered include Mauritius, Seychelles, Madagascar, Reunion, Maldives and other i.o.i. islands. Business is highly profitable, cash positive with huge potential for further growth. Currently operating on EBTIDA Margin of 70%. If you are a hands on person, willing to learn the ropes, enjoy the outdoors and boating, Want to love and work in Mauritius... Then this may be for you. Full training support will be offered to the qualified buyer for a period of 1-6 months depending. Business is divided and has multiple income streams. 1 is the SLA contracts which generate avg. 70K usd per annum, low expenses and yields over 70%EM. 2nd Service, repairs, parts accessories to other customers (constantly growing) producing income avg. 15-20K usd per annum with 50%EM, the 3rd part of the business is sales of new and used boats. Ordering of new and purchasing of used, which are then sold to prospective buyers. Average sales per annum 200K usd per annum with a 28%EM (THERE IS HUGE POTENTIAL FOR GROWTH, BY THE INPUT OF ADDITIONAL CASH)

REASON OF SALE.. owner to, focus on other business interests.

I'm offering to train the buyer and work side by side with them for 1-6 months as may be needed to get them full acquainted with customers, day to day and suppliers.
I am also open to the idea of a partnership split if the right buyer were to present.
Turnover average USD 300k per annum
Owner take home average at 45-50k per annum to pay personal expenses etc... remaining cashflow stays in business.

ASKING PRICE 400 000 neg. Parts and tools will be included. Stock of boats / vehicles on hand will be additional as agreed at the time.

THERE IS A HUGE POTENTIAL FOR GROWTH WITH THE ADDITION OF CAPITAL.

Please contact us for more details.

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