Businesses for Sale RETURN

LISTING#: BBF-95110070 Arts, Entertainment, Sports, and Recreation: Amusement and Recreation Industries-Other
Rental Business|Rental Beach Equipment
LOCATION: Florida --> Southwest Florida --> Lee County - Fort Myers hBeach
ASKING PRICE
$3,650,000
AMOUNT DOWN
$1,825,000
REVENUES:
$1,560,000
ADJUSTED CASH FLOW
$1,069,128
TOTAL ASSETS
$1,700,000

Once in a lifetime rare opportunity to own a 20 years established jet skis, beach chairs and umbrellas with present owner 1 year started Jan 1/2024, located on a Natinal resort property with a rent structure based on revenues percentage for that reason it is a cashless business, customers pay by phone or online, it has 4 grandfathered licenses,the town does not issue anymore licenses, Buyer will have to purchase the Corp stocks in order to keep the licenses active, location like no other on the beach. It serves the resort customers, adjacent to the resort a beach original beach bar will be rebuild with one of the licenses is on that property as well as on a long established Hotel and a restaurant all in walking distance from the main entertainment area that has been approved and costructions will begin very soon, this business has unlimited future potential in addition to the business generated by the resort , the Hotel and restaurants, the owner is so sure of the future that he is offering financing, all interested parties must show proof of funds. a balloon payment on the note will be due after 7 years. The owner will provide training and help as a new owner needs within reason.

 
Contact:  Charbel Abinajem
Phone: 
E-Mail:  charbel@truforte.com
Truforte Business Group
8270 College Pkwy Suite 105
Fort Myers, FL 33919

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