Listing ID: 74149
Profitable Fishing Charter Home Alaska
Homer Alaska Fishing Charter Business (no Real estate) 2 37′ Fishing Charter Boats (6 seats per boat) all equipment, supplies, inventories, client base, Pre-bookings and Intellectual properties including website and Facebook page. Great reputation captains and mates will stay on for new owner. No real estate business only all bookings are done on-line
- Asking Price: $325,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: $288,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2019
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
No Real Estate Charter Vessels and business assets only
Contact listing Broker for details
The business was started in 2019, making the business 3 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals choose to sell businesses. Nevertheless, the real factor and the one they tell you might be 2 completely different things. For instance, they may state "I have too many other obligations" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might simply be excuses to try to conceal the reality of changing demographics, increased competition, current reduction in incomes, or a range of various other factors. This is why it is very crucial that you not count completely on a vendor's word, however rather, use the vendor's answer combined with your overall due diligence. This will paint a much more reasonable image of the business's existing circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many companies borrow money so as to cover points such as stock, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that revenue margins are too thin. Many organisations come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that should be met or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area attract brand-new clients? Often times, operating businesses have repeat clients, which create the core of their everyday profits. Certain variables such as brand-new competition sprouting up around the area, roadway building, as well as employee turn over can impact repeat clients as well as negatively affect future revenues. One essential thing to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business often, the higher the chance to construct a returning client base. A last thought is the general area demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Just how might the regional mean family earnings impact future income prospects?