Manufacturer of luxury sports yachts

This business manufactures high-end luxury sports yachts and is based in the Netherlands. It specializes in building high-quality aluminum sports yachts with innovative, folding designs, which can be expanded with a beach club area. This provides the yacht with the largest entertainment space in its class. Working with top suppliers, the business guarantees exceptional performance, durability and efficiency.

Strengths.
Key project highlights include the creation of retractable sun decks, a beach club-like experience and folding hull walls. In addition, the 50-foot yacht offers 1,800 horsepower, significantly outperforming the competition. The business boasts the most powerful yacht in its class, and next year the engines will be updated to 2,200 hp. Due to recent extreme weather conditions caused by climate change, there is an increasing demand worldwide for aluminum hull structures. In addition, customers want to avoid insurance claims, further reinforcing the popularity of this unique hull design.

Business model
The boats are sold primarily directly to customers through boat shows. The selling price of the 50-ft model is $2.4 million (net profit $600,000), while the 80-ft model sells for $9 million (net profit $2 million).

Investment needs
The business seeks funding for promotional activities ($100k) and test cruises ($200k).