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Profitable Boat Rental Business - Marina, Dubai For Sale

Dubai, UAE
Asking Price:
AED4,800,000
Sales Revenue:
AED2,636,792
Cash Flow:
AED1,280,719

This is a rare opportunity to acquire a well-established yacht business based in Dubai Marina, offering a premium fleet for charter. The business has been operating under the current owner since 2017 and is fully managed through an efficient online booking system, allowing smooth operations.
The company employs a total of 14 staff, including reservation agents, five captains, and seven crew members, most of whom are on company visas. The business serves an average of seven customers per day, generating 20 bookings on average per month, demonstrating consistent demand and strong client engagement.

Financially, the business is highly profitable with annual revenues ranging between AED 2M to 2.6M generating approximately AED 1.2M in net profit. The company owns assets valued at AED 3.5M. Monthly operating expenses total around AED 140K, including salaries (AED 36,900), parking fees (AED 34K), yacht annual fees (AED 2.5K), service and maintenance (AED 400K), refurbishment (AED 16K), utilities (DEWA 3.7K), accommodation (AED 4.5K), and telephone bills (AED 1.6K).

The fleet is secured under a water contract with an annual cost of AED 450K. The yachts are fully maintained and ready for charter, ensuring a seamless transition for the new owner.

This is an ideal opportunity for investors or entrepreneurs looking to enter the luxury yacht charter market in Dubai, with a well-established, profitable business, experienced staff, and significant assets in a prime location.

Note: Financials will be available upon signing the NDA

Property Information

Location:

Marina, Dubai

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

The seller is currently residing in other country and unable to manage the business remotely

Employees:
20
Years established:
01-Jan-2017