How do I find a jet ski rental business for sale?
Search listing sites and brokers under jet ski, personal watercraft, Sea-Doo and water sports, since sellers label these businesses inconsistently. Many operate as a concession at a marina, resort or beach, or from a trailer, so first ask what access comes with the sale and how old the machines are.
A jet ski rental business is easy to miss in a search because few owners call it that. Some are a concession inside a marina or resort. Others are a trailer and a small fleet that moves between beaches. Searching widely and asking early what exactly is for sale helps. For mixed fleets of boats, the boat rental search page covers the wider field.
Search under the words sellers actually use
Try jet ski, personal watercraft, Sea-Doo, water sports and watersports rental. Also look under tourism, recreation and seasonal businesses. Listings may describe only the fleet and the customer list, or they may bundle a dock, a trailer, a kiosk or a building. Save your searches, set alerts, and read each listing for what is included rather than what the headline suggests.
Ask where the machines launch
The access point often matters more than the machines. Ask whether the business launches from a marina, a beach, a resort dock or a public ramp, and who controls that spot. If it depends on an agreement with a landlord or marina, ask for the document and whether it can be passed to a buyer. A fleet depends on access to a place to launch.
Ask about the age and history of the fleet
Personal watercraft work hard in a short season, so ask for the age and engine hours of each machine, and for the repair and replacement history. Ask how many are owned outright and how many are financed or leased. A fleet near the end of its life may need replacing soon, which changes what you are really taking on.
Before you contact owners
- Decide which waters and regions you would move to.
- Have a short buyer profile and proof of funds ready.
- Expect to sign a confidentiality agreement before seeing records.
- Line up an accountant and a lawyer before an offer is on the table.
Related reading
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
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