Online charter yacht vacations brokerage; Caribbean & Mediterranean; low operating costs; to 20% GP; includes first to market disruptive technology; growing $25bn global market; requires no investor management; open to creative models, USD 100, 000 for a 30% equity stake.
+ In 2018, the global charter industry was about $15bn and is expected to reach $25bn by 2026 growing at the CAGR of 6%
+ The addressable market is valued at $706mn
+ Promoting 1,378 vessels and aiming to add another 1k+ more luxurious boats that would increase margins and profitability
+ The target market clientele in North America and the United Kingdom.
+ Due to the geographical spread of boats, the business is not seasonal and operates all year round
+ SA investors > 10% equity receive SARS tax exemption on dividends once the FBE (foreign business entity) is registered in year 2 – due to the company being incorporated in Panama.