Firm needs financing for production of new yacht
Business: A European firm has designed a yacht to be produced in Ukraine that will be offered for sale to yacht purchasers and pleasure cruise operators. Firm projects sales of 40 within the first three years from a total market of 200 per year at a net profit per boat of close to $80,000.
Amount needed: $2-$3 million (possible joint venture.) Investment to be used for production and marketing and not for infrastructure upgrades.
Market: Yacht purchasers and pleasure cruise operators worldwide. The yacht is in the under 50 foot range and has been designed to better capture market share from the competition. (Forgiving of sailing skills, greater stability for more passenger comfort—a pleasure cruise must--larger deck area, lower hull maintenance, and lower sales price.) The firm will also be looking to introduce boats to compete in the over 50 foot market later.