7.1 / 10
 Miami

Innovative power watercraft unlike any product on the water to compete with standard jet skis.

Key Business Facts
Yearly Sales USD 1.8 million
EBIDTA Margin 10 %
Industries Yachts and Boats
Locations  Miami
Business Overview
- Within 90 days of operations, we have been able to sell USD 460,000 worth of power watercraft to customers in the United States and Caribbean islands.
- We have signed up 3 authorized dealers and sold to 65 customers so far.
- Have a background in marketing for over 16 years and utilizing social media to attract customers that appeal to the product.
- Can produce 140 power watercraft per month.
- We started operation only 4 months ago.
- The promoter has over 12 years of experience in this industry.
Products & Services Overview
Our product is an exotic Jet Ski in the shape of your favorite sports car and powered by a Yamaha or Seadoo engine. We are currently producing models that resemble a Chevy Corvette, Porsche 911, Mclaren, & Lamborghini. We are selling units from USD 25k up and will start the rental side of the business very soon. At this time, we're signing up authorized dealers for USD 55,000- USD 88,000 to sell our products across the US and abroad.
Methods of revenue:
1. Car Sales (USD 25,000.00 base to USD 65,000.00 top model)
2. Rental Service (USD 300.00 hourly), focused on hotel beach resort contracts & marina deals.
3. Authorized Dealers (USD 55,000 standard dealer -USD 88,000 exclusive dealer)
Nationwide and global expansion opportunities for our company. A customer can request a custom product for an extra cost of USD 65,000 to design the mold.
Capitalization Overview
Funded by owner. The owner has invested $200k in the business and have a partner who has assisted in the hands-on activities. The shareholding ratio is 90:10.
Assets Overview
2 pickup trucks, 4 power watercraft, office equipment, molds, forklifts, trailers, tools, etc.
Seeking Loan
USD 500 thousand for 10.0% annual interest, 2 years (Native Currency: USD 500,000)
Reason: We are a new business but are selling power watercraft very fast and signing up authorized dealers i... View More
Collateral Available: USD 200 thousand
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business