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Profitable Established Dolphin Watching Boat Business In Gibraltar For Sale

Gibraltar
Asking Price:
£450,000
Sales Revenue:
£100K - £200K
Cash Flow:
Under £50K

1. Over 55 years running in GIBRALTAR and still thriving thanks to internet ... etc.,

2. THE BOAT ...
Perfect for the job ... 40 foot "Offshore 105" motor vessel, built as new from scratch in
2004 at cost of over £250,000. New engines and gearboxes in 2016/2017..... 2x Perkins
215 hp., in line 6 cyl., turbo charged diesels with PRM hydraulic gearboxes. [ the ultimate
low-cost running and reliability to do the job ]. Large cabin with tinted glass, W.C.,
cushioned seating inside and outside for passenger comfort.

3. BUSINESS LICENSES, TRADE LICENSES and ALL other COMMERCIAL, PORT
AUTHORITY CERTIFICATES and LICENSES in place. To carry 25 Passengers.
We do a one hour to one-and-a-half-hour trip to watch Dolphins @ £30 per adult and
children under the age of 12 are £15.
No set rules for trip durations or times. Could do longer trips for whale watching. Private
Charters...Weddings...Parties...Group bookings...Film shoots...Ship spotting...Bird
watching etc.,
All have a price! doesn't have to include Dolphins ( food, drink and balloons provided if
requested ) £600 per hour for example.
This is just what we do, it can be changed to whatever you want. Work 7 days a week all
year round if you wish.

4. OFFICE / SHOP premises ...
65m2 much sort after in Gibraltar and well worth the highly valuable investment.
Super Location...Double Fronted...Long Lease, 50 years plus, or rent it. (has rest room),
this is where the business runs from and is also an IDEAL SHOP premises as well.
Reception...credit card...computers...files...spares and kitchen worktop staff area etc.,
LONG LEASE or RENT.

5. GARAGE PREMISES...
2Om2 can take large car + motor bike and quite a lot of storage, also has mezzanine
(upper storage area).
At present has the two original engines/gearboxes in it which need minor reconditioning
to make them good, they don't smoke, start first time, no unusual noises...just need
maybe a new drive plate or minor attention, not major mechanical issues.
Also has a fair amount of other spares and bits and pieces.
LONG LEASE or RENT.

6. MOTORSAILOR YACHT...
"Nauticat 44"... super "live aboard" instant comfy detached residence in the Marina.
Scandinavian built solid fiber glass with hardwood interior. (separate entity valued at
£70,000). You can't buy an apartment for this.

7. The Business is located in Marina Bay (marina) Gibraltar/OCEAN VILLAGE, next to the 5-
star floating "SUNBORN HOTEL".
There are also Supermarkets, shops, restaurants, bars, beauty salons, pedestrian
precinct etc.,

8. PRICE...
The Business itself which includes the Boat £450,000. This is the minimum requirement.
The Office with 50-year lease if required £270,000. Or rent the office or don't have it at
all.
The Garage with long lease if required £ 70,000. Or rent the garage or don't have it
at all.
--------------
TOTAL... £ 790,000. If you require everything.

CONCLUSION...
Very successful business (established 55 years ago) reluctantly for sale only due to
retirement of second owner after 30 years.
New energy and modern-day know-how will take this GEM of a Business even further.

Property Information

Real Estate:

Lease

Lease Terms:

+ 50 years remaining with no associated fees for the office and similar for the garage

Leasehold Rent:

None per annum

Living Accommodation:

If required, in liveaboard motor sailor Nauticat 44 moored in the marina next to the business

Location:

Prime doble fronted position in Marina Bay - Ocean Village

Premises Details:

Marina Bay Estate

Size in square feet:
Office 65 meter squared
Planning Consent:

N.A.

Business Operation

Expansion Potential:

yes with an extra or larger boat

Competition / Market:

Only one competitor with different operation style and for the future no other licence disponible

Reasons for selling:

Reluctant sale due to old age retirement

Trading hours:

8hours 7 days a week

Employees:
6
Years established:
55 years

Other Information

Support & training:

i will be staying around to help as necessary

Furniture / Fixtures value:
£10,000
Inventory / Stock value:
£5,000
Relocatable:
This business can be relocated.