Established turn-key charter boat business

Description

Charter boat business for sale in Portland, Maine, offering cocktail cruises and private on-water experiences. The company has operated profitably for the past three years and includes secured dock space along with an existing customer base and booking history.

Business profile

• Portland-based charter boat operation
• Cocktail cruise concept
• Three consecutive profitable years, according to the seller
• Existing customer and booking base
• Secured dock space
• Operating systems already in place

Operations

The current owner has reduced personal involvement in recent years for family reasons while continuing to operate the business at a lower booking capacity.

The seller reports that some customer demand has been turned away because of limited availability.

Growth

• Increase the number of available cruises
• Accept more private bookings
• Increase local and tourism marketing
• Develop partnerships with hotels and event planners
• Add corporate and group events
• Expand seasonal scheduling where practical

Any stated unmet booking demand should be reviewed against inquiry records, booking history and historical capacity before being treated as future revenue.

Dock space

Secured dock space is represented as part of the operating setup. Buyers should confirm the term, cost, assignment rights, seasonal restrictions and marina approval requirements before closing.

Due diligence

Buyers should verify historical revenue and profit, booking volume, seasonality, vessel ownership and condition, maintenance records, insurance, dock agreements, customer deposits, cancellation policies and the exact assets included in the sale.

Commercial passenger operations, captain and crew requirements, vessel inspection or documentation, alcohol service and charter activities are subject to applicable U.S. Coast Guard, Maine and local requirements. Existing permits, licenses and operating approvals should not be assumed to transfer automatically.