Profitable Boat Rental Business on Lake Norman, NC
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Financial Details
- Asking Price:
- $695,000
- Annual Revenue:
- $250,000
- Cash Flow / SDE:
- $175,000
- Valuation Multiple:
- 4.0x
- Location:
- Mooresville, NC, US
- Source:
- Date:
- April 29, 2025
Key Highlights
- Established boat rental business on Lake Norman with a unique Tiki party boat.
- Strong online presence and low fixed overhead.
- Growth potential through fleet expansion and captained cruises.
Description
This is an established boat rental business operating on Lake Norman, North Carolina. It features a fleet of 6 boats, including a unique Tiki-themed party boat. The business has a strong online presence and benefits from low fixed overhead. Growth opportunities include expanding the fleet and offering captained cruises. The seller is retiring and will provide training for a smooth transition.
Industry Information
- Industry Description:
- Retail Stores
- Classification:
- Entertainment & Recreation
Listing Details
- Listing ID:
- dc925411-6fc5-49e1-9236-83baee84e77b
- Deal Status:
- For Sale
- Date Posted:
- April 29, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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