Yacht & Boat Cleaning & Transport Service

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This dominant Yacht/Boat Cleaning Service maintains a consistent and loyal clientele in several harbors from Marina Del Rey to Dana Point. As the most pre-eminent company in the area, it performs full wash down and detail cleaning, exterior and interior, including bilges, bottom painting and a dive boat/service for underwater work. They also have three other entities that will be included in the sale: 1) a full Catering service; 2) a boat Transport service, certified with commercial carrier licenses, and; 3) a 16,000 square foot land-based Storage Facility for their Customers boats. The Company has been in the business for 31 years, is extremely well-branded and has an excellent reputation in the industry for immediate service and response with their all-inclusive services and top-of-the-line equipment. Located on the water in an ideal spot that greatly enhances the potential for growth, they are a harbor-friendly green company that utilizes all bio-degradable, high quality cleaning products. They have three full-size trucks , three SUV's outfitted with all necessary service equipment to get to their clients docks and slips as well as a large truck for hauling, a transport trailer, 2 small boat trailers, 2 Lowboy trailers and 1 gooseneck submersible trailer. The market value of the Company s assets is approximately $150,000. The Owner is highly motivated in order to focus time on other business interests. The ideal Buyer is someone who loves the boating industry and the associated lifestyle. Employees: Owner/Operator, 1 administrative employee and 12 hourly employees with a monthly Payroll of approximately $30,000. Facility: Lease cost of $2,700/month for administrative and dock space through 2012 with negotiable options to extend. The storage facility s lease is $2,600/month for five years. Price Includes: Furniture, fixtures, equipment and improvements at an estimated value of $150,000.