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California
Asking Price
$1,900,000
Revenue
$1,175,226
Down
Call/Email
Cash Flow
$420,205
Name: Rex Walters CBB
Phone: Show phone number
Name
Rex Walters CBB
Phone
Show phone number
Posting ID:
287031
Attributes:
Broker Cooperation
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If you are a sailor and truly love the ocean, now is your chance to live the dream and make an excellent living as well in one of the world's most desirable locations. This is an absolutely unique opportunity to acquire a sailing school and yacht charter company that offers all levels of sailing instruction, skippered & bareboat charters, and corporate team building regattas and events. Located directly on the stunning Central California Coast in the Santa Cruz Yacht Harbor, this lifestyle business has been running and profitable since 1979. In addition to the prestige of owning this business, as well as the profits available, this sale includes the rights to 11 commercial boat slips in the Santa Cruz small craft harbor. Expansion opportunities are also available which include Monterey. Fully Absentee vs Owner-Operator Opportunity: The current owner acquired the business in 2017 as part of a larger corporate acquisition strategy and has operated the business on a Fully Absentee Basis since then. The owner believes that the business will be most successful, i.e., enjoy the highest production of Revenue and Cash Flow with a full-time working owner. Under the prior full-time working ownership as of 2017, the business produced: • Revenue: $595,496 weighted average 3 years (vs $316k currently) • Pre-Tax Cash Flow / SDE: $182,163 weighted average 3 years (vs $79k currently) This supports the notion that the business, in its current absentee structure, presents a great opportunity for an owner-operator to manage the business back to its pre-acquisition and historical operating results. Monterey Bay: The Monterey Bay is part of the Monterey Bay National Marine sanctuary; a Federally protected marine area offshore of California's central coast. The steady and consistent winds, the special quality of open ocean sailing, the abundance and variety of sea life, and the diversions offered by the cities of Santa Cruz and Monterey make the Monterey Bay one of the most challenging and enjoyable sailing venues and tourist locations on the West Coast. Frequent sightings of grey whales, seals, sea lions, dolphins, otters and pelicans are just a part of your sailing adventure. The Monterey Bay Area is growing and economically successful with a high proportion of High Net Worth Individuals and is also a world class tourist destination. HIGHLY CONFIDENTIAL. CALL OR EMAIL BROKER DIRECTLY FOR NDA KEN JOHNSON Coast Business Brokerage kenjcoastma@gmail.com (408) 799-2117 DRE # 01905767
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With over 25 years of proven performance, this established Santa Cruz area business designs and produces high-quality, cost-e!ective custom wiring harnesses, connectors and cabling solutions. These industrial products are integrated into OEM customers’ end solutions, enabling smooth product launches, reliable daily performance, and extended product life cycles. This embedded position drives recurring revenue and highlights the company’s strategic importance within its clients’ supply chains. The company is highly regarded for its certified offshore manufacturing partners, technical expertise, design innovation, consistent quality, cost-saving solutions, and fast turnaround times. These contract manufacturers hold factory-level industry certifications, ensuring scalable and compliant production for both prototypes and full production runs. B2B industrial markets served include automotive, medical, HVAC, security, tools, A/V, fitness, automation and systems. Over the past few years, approximately five long-term customers have each contributed to more than 10% of total sales, reflecting strong, sustained customer relationships. The owner "cherry-picks" new work and declines other projects, highlighting untapped growth potential. A hands-on buyer will be key to managing a smooth transition and capturing these opportunities. Strategic hiring and training can support meaningful sales expansion. The current team includes one full-time employee (the CEO), two part-time contractors, and certified offshore manufacturing partners. The owner is available for post-sale consulting, offering valuable technical sales and engineering support to help ensure operational continuity and customer retention. The $1,100,000 offering price, Excludes current working capital and excludes inventory. The owner estimates that additional buyer working capital of $250,000 to $300,000 may be required, along with inventory valued at approximately $20,000 to $30,000. These amounts may be adjusted at closing, and factored into final deal terms and purchase price, subject to mutual agreement and each party's independent legal counsel and CPA advice. As the business is held within a C corporation, the owner prefers a deal structure that avoids the double taxation, typically associated with standard asset sales. While currently based near Santa Cruz, California, the business is relocatable. SBA pre-qualification is pending. While this is still on market, Request more information NOW!!! (Include relevant information about your background, your ability to be boots on the ground during the post sale transition, cash available for downpayment, and how you plan to fund this acquisition. ) This helps distinguish serious buyers from automated inquiries. Buyers may be asked to complete a NDA and Agency Disclosure form, and provide a buyer profile (or resume) and a relevant financial statement (PFS) for review, DISCLAIMERS: Confidential Information and Information provided by Coast Business Brokerage (or Coast Business Brokerage, Inc.): The information provided on this sheet (and hereafter) is a copy of the information furnished by the seller indicated above and evidenced by the Broker Agreement and supporting documents, available upon request. Coast Business Brokerage makes no representation as to the accuracy or reliability of said information. Books and Records: All books and records are provided to Coast Business Brokerage without verification or audit on our part. Any buyer should perform their own independent (3rd party) thorough due diligence and verification to their full satisfaction. Business assets represented by Coast Business Brokerage DRE#01841628, John LaMay DRE#02021491 Broker Associate/Agent
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