The company primarily offers boat trips using its fleet of boats on the south coast of England, benefitting from exclusive leasehold use of the location from which it operates.
Priding itself on its extensive in-house knowledge and expertise, the company provides additional services, such as school visits to support curriculum learning, taking part in local events, and scattering ashes at sea.
The business is now being offered for sale to enable our clients to pursue other, unrelated interests.
Offers invited.
Key Highlights
- Benefits from a wide-ranging and diverse client base, operating primarily within the tourist industry.
- Has developed informal partnerships with local high-end hotels and restaurants to support their boat services in transporting larger parties, where required.
- Senior Manager in place that could undertake many of the Director’s duties post-sale, with training and support.
- Affiliated with a large marketing organisation that attracts many clients nationally and internationally.
- Operates from four separate leasehold sites, which includes boat moorings.
- As the company often operates to capacity in peak season, investing in additional boats could provide significant further revenue.
Financial Highlights
- YE24 projected turnover of £850k.
- Turnover of £850k in YE22 with an adjusted EBITDA of £600k.
- Total asset value of boats, equipment, spares, and tools in excess of £1m.
