Well Established Catamaran Sailing Business In Namibia For Sale

Business description

This Company is six years old and has a good client base including Tour and Safari companies, The Company owns Two Catamarans, One 39 Foot Scape (Launched March 2010) and one 40 Foot Woods Catamaran The company engages in daily Sailing trips on the Walvis bay Lagoon. The Current owner is will stay on for a few months for the Phase in phase out period. Selling price is quoted in South African rands( R4.9 Million.)

Assets include :Two Sailing Catamarans in perfect running/ sailing condition
: Booking Office cabin style on prime site at the Walvis bay Water front
: One mercedes Coach 31 seater
: Advertising material
: All up to date safety equipment
: New Semi rigid rubber duck/tender with 15 Hp Yamaha 4 stroke motor
: Tools spares,
: All equipment for running charters
: Well trained staff. Many have been with the company from the beginning.
Extra: 4 bedroom House close to Yacht club Walvis bay R 1.7 Million

Property information

Real Estate:

Real Property Included

Living accommodation:

Owner Lived on the one catamaran for 5 years. Existing house will become avaiable for lease or to Buy.

Location:

Booking Office is on prime site at the start of the Walvis bay waterfront area. Yachts are moored on permanent swing moorings and are anchored with certified chain-link chains.

Premises details:

Leases a small piece of land on the waterfront with a Tower, We are currently building a booking office which will be completed end June 2011: Further building of own Jetty is possible

Other information

Expansion potential:

With the development of the water front area the area is becoming a real tourist attraction. The growth at the coast is rapid and we forsee that another Catamarn in the fleet could also be viable.

Planning consent:

The Walvis bay water front is being developed and we will be recieving electricity and water supply at our office by July 2011.

Competition / Market:

Only one other sailing Catamaran Business, There are a few boating companies but Sailing Catamarans sell them selves.

Support & training:

Owner intends to stay on for a few months for the Phase in Phase out period.

Reasons for selling:

Retirement

Trading hours:

Daily trips usually in the morning and two to three trips a day in season.

Financing available:

One Catamaran is financed, Owing aprox S A rand (R 1.2 million.) This could be taken over ( Subject to Bank clearance)

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$740,000

Website:

www.sailnamibia.com