MARINE BUSINESS Marine Business

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Queensland

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  • Details
Vehicle
MARINE BUSINESS Marine Business
Body Type
Price
Sold
Weekly Repayment
From $11,305.93*
Condition
Hull Type
Mono
Stock Number
Gl pi ea voy

3 Lorikeet Avenue,  Yeppoon  Queensland  4703

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Seller's Comment

How would you like a real sea change conducting fishing charters to the magnificent Swain Reefs east of Gladstone in ***. " Eastern Voyager " is an 85' Steel Charter Vessel offering 3 to 14 day charters and beyond to the Great Barrier Reef, Coral Sea and Shoalwater Bay. Currently operating with AMSA Certifcate of Survey and Certificate of Operation for 1B - 22 passengers or 30 people. She was originally built as a Southern Ocean Trawler and was converted into a very comfortable and safe offshore fishing and diving charter vessel in 2007. This vessel is for sale as a going concern including GBRMPA permit, forward bookings, 5 fishing dories with outboards and all the equipment presently on board to continue working with a new owner. The present skipper and crew are prepared to stay on and keep running the vessel as they have been for the previous 10 years. The current owner is only selling as he intends to retire and move down south to a cooler climate.

This long-range boat charting service has secured $3-4m in forward revenue till 2026. With a premium and well-maintained vessel this business generated EBITDA returns of $700k in FY23 with revenue:of $1.8m
- Well respected and dominant charter service
- Superior capacity vessel manned by a highly-knowledgable and experienced crew
- Strong forward order book till 2026 valued between $3m and $4m
- $170k worth of deposits already received for bookings over next twelve months
- Earnings have significantly increased post-COVID
- Well maintained vessel and equipment worth $3m+

The vessel had a $200k refit earlier this year so doesnt require slipping until 2024.
Just had AMSA 5 year survey and replaced the shaft in 2021.
New genset being fitted in one months time at a cost of $60k


For more information on the business
Contact Nev on *** for more information or to arrange an inspection.

Location: Gladstone - Nev Brooks Commercial Boats ***

* Above example based 84 months with 10% deposit at an interest rate of 7.98% p.a. These payments are intended as a guide only. Different amounts, terms and your credit profile may result in different comparison rates and payments. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers, are not included in this example but may influence the cost of the loan. An exact quote must be obtained at the time of application. Please see a staff member for further terms and conditions and your financial adviser for any further information. This information is correct as of 07/12/2024 Comparison rate 9.90% p.a based on a $30,000 loan amount on a 60-month term.

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