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Sport Fishing Business For Sale
Location: United States -> California -> Morro Bay
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

Follow your bliss and have your vocation be your avocation in this rewarding and exciting business. Since 1954, Virg's Landing in Morro Bay, California has been the leader in sport-fishing, deep-sea fishing, whale watching, private charters and sales of tackle on California's Central Coast.

This well established, turn-key business could be yours at an amazing price as is the perfect solution for mixing business with pleasure in an incredible location. The current owner of this long established family owned and run business is ready to retire and is only asking the certified value of it's fleet for the entire business, professional web site, tackle shop, inventory, etc. This makes your investment virtually Risk Free as the boats can always be sold to recoup the full investment price.

The system does not allow us to enter the price correctly. It is priced at $1.2 million.

Please only respond via 310-428-6661 - Please do not call the store.

We are not going out of business, the owner is finally ready to retire.
The offer includes three meticulously cared for boats ranging in size from 55 to 90 feet. The Admiral is the flagship and is rigged for half day, full day or overnight excursions. All boats are United States Coast Guard approved.
The Bait & Tackle Shop is the largest on the central coast. The modern & spacious store carries top of the line fishing rods, gear, tackle, clothing, licenses, beer and much more. Inventory is valued at $75,000 and is yours for no additional cost. There is plenty of room to expand the store and we are doing this currently.

This business located in one of California's most scenic areas Morro Bay. The web site is very complete, interactive and easy to navigate. The owner works along-side about 7 to 10 employees and will provide training to the new owner.
Sport Fishing trips, Whale Watching, Scattering of Ashes at Sea, and other specialty cruises, are offered year round from this quaint harbor.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,000,000
Cash Flow:   $1,000,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $75,000
Seller Financing:  Yes

About The Business

Year Established:  1954
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retiring.

Photos

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Sport Fishing Business For Sale Photo 1 Sport Fishing Business For Sale Photo 2 Sport Fishing Business For Sale Photo 3




Print Listing Id: 700163271
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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