MARINE BUSINESS Marine Business
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- Details
3 Lorikeet Avenue, Yeppoon Queensland 4703
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Seller's Comment
This long-range boat charting service has secured $3-4m in forward revenue till 2026. With a premium and well-maintained vessel this business generated EBITDA returns of $700k in FY23 with revenue:of $1.8m
- Well respected and dominant charter service
- Superior capacity vessel manned by a highly-knowledgable and experienced crew
- Strong forward order book till 2026 valued between $3m and $4m
- $170k worth of deposits already received for bookings over next twelve months
- Earnings have significantly increased post-COVID
- Well maintained vessel and equipment worth $3m+
The vessel had a $200k refit earlier this year so doesnt require slipping until 2024.
Just had AMSA 5 year survey and replaced the shaft in 2021.
New genset being fitted in one months time at a cost of $60k
For more information on the business
Contact Nev on *** for more information or to arrange an inspection.
Location: Gladstone - Nev Brooks Commercial Boats ***
* Above example based 84 months with 10% deposit at an interest rate of 7.98% p.a. These payments are intended as a guide only. Different amounts, terms and your credit profile may result in different comparison rates and payments. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers, are not included in this example but may influence the cost of the loan. An exact quote must be obtained at the time of application. Please see a staff member for further terms and conditions and your financial adviser for any further information. This information is correct as of 27/12/2024 Comparison rate 9.90% p.a based on a $30,000 loan amount on a 60-month term.
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