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Watersports Manufacturing Company With Rental Business In Miami Fl For Sale

Miami Beach, Florida, US
Asking Price:
$800,000 Inventory / Stock included
Sales Revenue:
$1,300,000
Cash Flow:
$500,000

Unique watersport manufacturing company that manufactures JetCars.

- JetCar models include Lamborghini, Corvette & Ferrari
These are sold to boat distributors in Florida
- Company also rents these out on Miami Beach (gaining a rental premium due to the exclusive nature of the boats)


Included in the sale:

• The Assembly Facility in FL
• All current US Equipment / Boats (worth $200k US)
• All Rights to the US Market & abroad for a buyer to sell the boats / rent out the boats)
• All Rights to setup dealers in the US and abroad

Company is currently receiving interest from a wealth of new customers that include:

1.A major Cruise Line Company interested in purchasing 80+ units for its short excursions in many destinations.

2. A charity interested in stationing jetcar rental units at their marinas in 5 different states to offer the disabled/ veterans a new vessel to enjoy the ride experience. They are interested in paying for the customization of jetcars in which they requested us to add hydraulic seats for the disabled and steering wheels with shifting gears.

3. Various Jet Ski dealerships to carry units at their locations

4. Licensing opportunity with a major car manufacturer to interested to create a limited edition version of a new car they are about the launch in the US Market.

Seller is open to a straight acquisition or would consider a partnership for x% of the company.

Property Information

Location:

Miami, FL

Premises Details:

Assets Overview
Tangible assets:
Equipment and machinery.
Inventory (raw materials, finished products, supplies, etc. )
Furniture and fixtures.
Infrastructure (utilities, communication systems, etc. )
Product stock (finished goods available for sale)
Intellectual property (patents, trademarks, copyrights)


Intangible assets:
Brand value and reputation.
Intellectual property.
Customer relationships and goodwill.
Domain names and website content.
Contracts and agreements.
Business processes and systems.
Employee expertise and knowledge.

Business Operation

Expansion Potential:

- Florida has the world's largest boat market.
- We have spent 2 years developing this product, and now we are ready for large-scale manufacturing.
- We have already obtained certification from the U. S. Coast Guard, and we are currently developing 6 new models.
- The business will also be opening up opportunities for investors to join in on this project.
- The business has a single owner with complete shareholding.
- We've been designing for the last three years, we've been producing for a year, and with little capital, we're manufacturing 6 models.
- Production capacity of 140 units per month, but we can double the production from year to year. With the 6 models that we have in line, some are already in stores in Florida.

Reasons for selling:

Owner has suffered a family bereavement and has to move back to Europe to manager his families business.

Other Information

Inventory / Stock value:
$200,000 - included in the asking price