Once-in-a-lifetime opportunity to own an established jet ski, jet car, and beach chair rental business with grandfathered-in licenses. The business includes one jet ski and jet car rental license, and four beach chair rental licenses. It is located at a national resort property with no rent and three additional beach lots with percentage rent.
This must be a stock sale because the licenses are not transferable to a new owner or moving them to a different address.
The seller will finance the purchase over 20 years with a set monthly payment of $12,500. The remaining interest will be paid in a balloon payment after five years. Staff is already in place, and the owner works four hours per day during the season and takes September and October off.
PROOF OF FUNDS IS REQUIRED — NO EXCEPTIONS.
- Asking Price:
- $3,500,000 Furniture / Fixtures included
- Sales Revenue:
- $1,291,351
- Cash Flow:
- $465,643
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
$4,500 Monthly
Expires: 1/1/2027
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
7 Days a week 8am-5pm as weather permits
- Employees:
- 11
- Years established:
- 20
Other Information
- Support & training:
-
4 weeks of training included
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$1,500,000 Down!!
- Furniture / Fixtures value:
- $530,000 - included in the asking price
