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Young Brothers Custom Sport Fish/Charter Business Yacht for Sale

YEAR : 1987 | ASKING PRICE : 485,000
Fort Pierce, FL, US

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Young Brothers Custom Sport Fish/Charter Business

Yacht for Sale
YEAR : 1987
ASKING PRICE : 485,000
Fort Pierce, FL, US

2 views

 1987 Young Brothers Custom Sport Fish/Charter Business Yacht For Sale in Fort Pierce FL
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Asking Price

485,000 / ACTIVE

Contact Broker

Nicolas Guitard

Nicolas Guitard

Yacht Broker & Director

Miami Beach, FL, US

Overview

40 Young Brothers 1987

Highlights

  • Manufacturer
    Young Brothers
  • Model
    Custom Sport Fish/Charter Business
  • Year
    1987
  • LOA
    40 ft - 12.19 meter
  • Beam
    13 ft - 3.96 meter
  • Draft - max
    3 ft - 0.91 meter
  • Engine Brand
    Volvo
  • Engine Hours
    1175
  • Number of Rooms
    1

Basic Information

  • Category
    Power
  • Condition
    Used
  • Location
    Fort Pierce, FL, US
  • Boat Type
    Sport Cruiser
  • Hull Material
    Fiberglass
  • HIN:
    AEC40055K686
  • Flag of Registry
    US
  • Available for sale in U.S. waters
    Yes

Dimensions & Weight

  • Length
    40 ft - 12.19 meter
  • LOA:
    40 ft - 12.19 meter
  • Beam:
    13 ft - 3.96 meter
  • Draft - max:
    3 ft - 0.91 meter

Engine

  • Make:
    Volvo
  • Model:
    TAMD 743 DC
  • Engine(s):
    1
  • Hours:
    1175
  • Cruise Speed:
    24 MPH
  • Engine Type:
    Inboard
  • Fuel Type:
    Diesel
  • Horsepower:
    450 (Individual), 450 (combined)
  • Max Speed:
    29 MPH

Accommodations

  • Total Cabins:
    1
  • Total Heads:
    1
  • Captains Cabin:
    Yes

Descriptions

Walkthrough

The Boat: "Last Mango" (Named for the Jimmy Buffett song: Last Mango in Paris)

The boat is a 1 owner boat. It was purchased from the Young Brothers Boats of Maine by its current owner in 1987. The Young Brother's built only 550 boats. They became famous for building iconic, rugged, and fast "Downeast" or "lobster-style" hulls. Designed by master boatbuilder Ernest Libby Jr., the legendary semi-displacement fiberglass hulls were praised for their speed and seaworthiness. The owner used the boat for over 20 years as a commercial longlining fisherman, rebuilding/re tooling as needed. In 2004, he had it rebuilt/customized as a fishing charter boat, including, added hard top, marlin tower with helm, Rupp outrigger's and a complete re power with a new single Volvo engine that now has only 1175 (at time of this writing) since the last major rebuild/overhaul in 2024. The engine is fuel efficient yet powerful enough to get to the fishing grounds fast and with the boat design, it does so comfortably for the clients. It has clean lines, dual helms due to the added marlin tower and plenty of comfortable seating for clients. The boat has been designed for the full off shore fishing experience for the clients, with the fighting chair, tuna door, extra rocket launchers, outriggers, teaser reels, 2 ice boxes, bait well and so much more all designed with an open cockpit and plenty of room to reel in the big ones! There is one cabin and one head with a shower. The boat is custom designed for client experience in mind with lots of bench seating under the hardtop (Shade!) with 3/4 enclosed issenglass, and cup holders. This vessel is not only designed for fishing, but the full charter experience for the guests. This boat has been chartered for many of the local fishing tournaments and brought in a lot of winners over the years. The boat was just surveyed by a SAMS/NAMS certified surveyor who is also a marine structural engineer who has deemed the vessel in good condition and was very impressed overall with the boat in general. (Survey can be made available to serious buyers.)

The boat is being sold at it's pre listing survey valuation of $185,000. 


The Business:

The successful LLC has a proven, over 20 years, history with hundreds of 5 star reviews on multiple social media outlets. A customer database of over 2400 clients. 5+ owned domain names and a proven dedicated website. The seller is even willing to include the businesses cell phone and transfer the Kingfish ticket to the new owner. The business will come with an outfit of fishing gear as well. (full list to seriously interested buyers) The LLC is being sold for $300,000 which is 3 years of gross receipts plus value of other business assets.

Please see brokers notes for important info about the legalities needed for closing/changing ownership of the vessel and the business.

Engine and Mechanical

2004 Volvo TAMD 7.43 DC 450 HP inboard diesel 1175 hours (SMOH) 

Fresh water cooled

Raw water exhaust cooling

Morse cable engine controls

Hydraulic steering

360 gallons fuel, 2 x180 gallons each 

60 gallons fresh water tanks 2x 30 gallons

30 gallons black water tank

HVAC- 1 Cruisair in cabin

FE 241 Dry chemical fire suppression system


Electrical
  • AC Power- 30 amp shore power
  • DC Power- 4x12 v DC batteries
  • Battery switches
  • Pro Mariner Pro Sport HD12 battery charger
  • Sony stereo
  • Chest freezer (below helm bench)
  • Large cooler (below cockpit seating) 
  • 3-bilge pumps


Electronics and Helm
  • Furuno radar (not connected)
  • GPS#1- Garmin GPSMap 7610 xsv (lower helm) 2025
  • GPS#2- Garmin GPSMap 7610XSV (lower helm) 2025
  • GPS#3- NavNet C Map NT (tower helm) 2025
  • GPS #4- Garmin 2026 
  • Autopilot- Simrad AP 24 (Lower helm)
  • Depth, fish finder, speed log and AIS all GPS integrated with NEMA 2000
  • Furuno GPS/WAAS Navigator
  • VHF Radio #1- Icom IC M 325G (lower helm)
  • VHF Radio #2- Standard Horizon Explorer (tower helm)
  • Volvo engine gauges


Deck
  • Semi displacement hull
  • solid fiberglass hull
  • hard top-fiberglass
  • Huge freezer box under helm seat
  • Huge live well
  • Fish box
  • Large cooler box
  • Rupp outrigger's
  • Plethora of rod holders and rocket launchers
  • 2 mounted teaser reels
  • 1 plough anchor
  • 25' 5/16' chain
  • 25' rode to 300
  • cockpit lights
  • fighting chair
  • tuna door
  • Salt and fresh water wash down
  • L shaped seating with cushions on port and starboard under hard top
  • Ships bell, brass
  • Epirb
  • 12 adult type1 lifejackets12 adult and child type
  •  2 lifejackets
  • 1 life ring
  • 4 fire extinguishers


Guest Stateroom
  • There is one large open cabin in the bow.
  • Work table area
  • 1 large sleeping berth
  • Rod storage
  • private head with shower and vanity


Broker Comments

This transaction will require a 2 part closing process.

  • Part one: The coast guard documented vessel at the cost of $185,000 which includes just the boat and integrated boat equipment as listed herein. Standard marine vessel closing processes/fees apply. (Co-brokers note: this is what the 10% commission is based on ONLY)
  • Part two: The transfer of LLC business. Cost: $300,000. Terms of this sale will be determined/agreed upon by both buyer and seller. This will require a, mutually agreed upon (between buyer and seller), contract attorney to draw up terms and condition of transfer of ownership of assets and contents of the LLC. Closing fees determined by and paid to said contract attorney separately from vessel closing. Business structure notes: There are currently no payroll employees of the business. Single operator/owner/manager LLC.


Mechanical Disclaimer

Engine and generator hours are as of the date of the original listing and are a representation of what the listing broker is told by the owner and/or actual reading of the engine hour meters. The broker cannot guarantee the true hours. It is the responsibility of the purchaser and/or his agent to verify engine hours, warranties implied or otherwise and major overhauls as well as all other representations noted on the listing brochure.

Listing MLS by Yachtr.com



Disclaimers

Next Generation Yachting offers the details of this yacht in good faith but cannot guarantee the accuracy of this information nor warrant the condition of this boat for sale. This yacht for sale is offered subject to prior sale, price change, or withdrawal from that yacht market without notice. Next Generation Yachting is pleased to assist you in the purchase of this vessel. This boat is centrally listed by United Yacht Sales . She is offered as a convenience by this yacht broker to its clients and is not intended to convey direct representation of a specific yacht for sale.

Location

Contact Broker

Nicolas Guitard

Nicolas Guitard

Yacht Broker & Director

Miami Beach, FL, US

Schedule a Tour of Young Brothers Custom Sport Fish/Charter Business

Contact our team to schedule a private showing.

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Contact Us

Contact Details

Next Generation Yachting

1800 Purdy Avenue
Suite CU-M
Miami Beach, FL 33139

+1 786.246.9873

[email protected]

Online Inquiry



 

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