Apart from liveaboard vessels being sold in the market, we have seen liveaboard and marine based businesses coming on the market for sale. For example we have one business now under contract with a negotiated exit strategy for the owner and the buyers with a passion for diving, having dive technical background and looking for a lifestyle investment. As baby boomer owners start to consider retirement, the next generations have the ability to leverage off quality reputations and strengthening business financials. In the most part owners are keen to support their hard earned reputations and loyal followings with a period of transition to new owners which can ease the learning curve for the uninitiated buyers. DBB can provide details of such businesses to pre-qualified buyers (includes confidentiality agreements). Fwd bookings are always impacted by knowledge of the potential sale of a business and we are careful with regards to client exposure. That said frankly any business can be for sale at the right price.
We have specialised skills that add significant value when preparing a business for sale. Neil holds extensive business banking and liquidation experience that is invaluable when considering all aspects of preparing the right information in the data room. Hence when we focus on the drive to the presentation phase in preparaton for engaging our buyer groups there is confidence and clarity in the information required by credible business buyers.
Couple John's maritime asset and tourism business understanding we can hone the data room to present a coherent business detail set, to put your business in the best light with the buyer audit process. Consider this ...... if the data presents well and the buyer's auditors (Deloittes, PWC etc) have little trouble finding what they need, it provides confidence the business is well run and that can translate into higher value offers.
Our objective is to maximise your hard earned effort for the once in life time opportunity to sell your business. No other business sale organisation globally applies these combinations of skills.
We have been developing design/build packages for passenger catamarans high speed ferries with proven options with one of the top designers and have combined them with a builder here in Australia to provide high quality, operationally efficient, competitive new build vessels. Current programs using this package are underway.
Analysis of performance requirement can add profitability when deciding what vessel is required to meet your market and operations.
A variety of useful techniques are employed in military and high end commercial platforms that can be readily adapted for commercial ferry fleets.