This business started more than 20 years ago in Cape Tribulation, putting groups on the water in Far North Queensland. Around 14 years ago the owner brought it south to Sydney Harbour, where it has built a strong name and excellent reviews.
Now the owner is stepping back from skippering, and the business is offered with net profit of $117k, a vessel ready to go and bookings already in the diary.
The vessel is a 13.5 m party catamaran with a front deck, large cabin and rooftop lounge, plus a giant slide and ocean swimming pool. A supply contract covers Saturday charters through to April 2027, plus 6 to 8 Sundays, with an option to extend to a three-year term.
The big spending has been done. The twin engines and generator are around three years old, with a new fire suppression system ($12,000), a sewage system compliant with the NSW Sewage Management Program and the rooftop lounge (about $30,000).
A private mooring with walk-on, walk-off access, a documented Safety Management System and casual crew keep operations simple. The owner's role is mainly bookings and agent follow-ups, and full training and ongoing assistance are provided after settlement.
Key Highlights
• Net profit of $117k
• More than 20 years in business, around 14 on Sydney Harbour
• Contracted Saturday charters to April 2027, plus 6 to 8 Sundays
• Engines and generator around three years old, new fire and sewage systems
• Private mooring with walk-on, walk-off access
• Goodwill, plant and equipment included
Growth Potential
The vendor has identified clear upside: a liquor licence with food and drink catering, targeting the backpacker market, running three charters a day on three midweek days, and growing direct bookings to cut agent commissions.
Whom the Business Is For
Best suited to a hands-on owner-operator. A skipper's licence removes the cost of hiring a skipper, and the vendor recommends the owner be on board to keep the guest experience at its best.
The sale is subject to an approved survey report, and buyers may engage their own surveyor.
Contact the broker on 0400 440 440 for more information. Complete our Confidentiality Agreement: https://api.leadconnectorhq.com/widget/form/5rd89rHVecl7l100XcL6
Detailed financials and trading history are available under a confidentiality agreement.
Sign the NDA →Detailed financials, trading history, and lease terms are available under a standard confidentiality agreement. Get in touch with the BBNA broker managing this mandate.