Northern California Premier Watercraft rental Company

, California 22 views 0 favorites

Financial Highlights
Asking Price
$495,000
Revenue
$446,000
Business Description

Centrally located next to highway 80 and every beautiful lake in northern California. We are premier watercraft rental in Norther California. We have established ourselves as an industry leader in watercraft rentals that customers can tow to any lake or river, which makes us in extreme demand. Our customers are very diverse . Customers from all of surrounding county as well as bay area and lake Tahoe come to rent watercraft from us for years. Whether its birthday celebrations, bachelor and bachelorette parties , Camping and family gatherings we stay busy and provide our customers with everything they need to enjoy their time on water. We are industry leader in software integration. Entire business is paperless and our customers can book our equipment faster and easier than renting a rental car. Business is run by 1 owner and 1 part time employee. This business generates high returns and you only have to work it 5 months out of the year. Currently equipment include 10 jet skis 6 boats currently valued @ $387500. With all of the shortages of watercrafts you cannot find these Vessels for sale anywhere , which makes the demand for rentals so much greater. If one cannot buy the vessel they end up renting it. Each equipment generates high return and after 2 years is sold for a profit or break even. Sacramento CA is experiencing growth at exponential rates of bay area residents moving here with more discretionary spending. More then 50% of business are repeat customers. Very low rent of $1500 for a large lot with ideal location . This is an unique opportunity for someone to generate significant income by working only part-time on the business. **Theres is a great opportunity to add RV's to fleet and capture that market as well. Current lot can accommodate up to 6 more RV's Location: Sacramento, California Year Established: 2018 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 12,000 Rent: $1,500.00 Per Month Lease Expiration: 12/31/2022 Facilities: Current lease is for 12000 sq ft boat yard and is on annual lease. Current assest valued @ $376700.00 Website: www.cawatersport.com Market Outlook/ Competition: Closest competitor to us is located 30 miles south and another 60 miles west. With lack of new and used vessels available for sale more and more customers choose to rent instead . Top rating on google and yelp 1st page listing on google.com Growth & Expansion: Recently RV trailers are being added to the fleet and should be an additional source of income and growth.

Business Details
Industry:
Service Businesses
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 3 days ago

Views: 22

Favorites: 0