Established boat tour business in the Caribbean Turks & Caicos Islands

port st. lucie, FL

Seller Financing Available

Asking Price:$395,000
Gross Revenue:$250,000
Rent:$2,200/Month
FF&E:$5,000
Cash Flow:$225,000
Inventory:$140,000
EBITDA:$195,000
Established Year:1988
BUSINESS DESCRIPTION

Caribbean boat tour business with a thirty eight year success history

Established 38 years ago with a perfect safety record and repeater base. 2021 is the best year yet and 2022 looks even better with Covid not having a negative effect on bookings. The boat is perfect for private charters which is what is selling best. . Owner financing is available with 50% down. One important note; there is a new hospital managed by a Canadian hospital chain that you will find has excellent services and since you are required to sign into the health plan; you will find it very comforting that there is treatment locally at a reasonable monthly payment; a very big plus and reassurance for immediate health needs..p.s. You may be confused that the boat tour business is listed as located in the Caribbean (Turks & Caicos Islands) and the address is Florida, This was the only way I could complete the listing since the form would not allow an island address due to no zip code.. I Just added water basketball. To view the five minute action video just go on our site and the video is easy to find.. Look for ocean outback adventure tour which does not show the waterbasketball I mentioned since it was just added. Also find the video on my website oceanoutback.tc The boat is sooo much fun.and there is no other like it in these islands which gives me an exclusive advantage. I get so many inquiries and bookings since everyone wants to be on the "floating playground." I have had queries about if you need a captain's license to run the boat, YOU DO NOT and it is sooo easy to operate. There is a requirement to take a course on firefighting; first aid and lifesaving (CPR).The three day course is STCW I have fine-tuned the tour so it involves little effort and so much fun to do. I believe you will find the operation being one of the easiest to take over and the boat being aluminum is maintenance free To replace the boat I was quoted over 1 M and was built to U.S. Coast Guard standards with 10 watertight compartments so very seaworthy. I see very few BBS listings that offer such a turn-key operation with great return and little investment The boat also has a glass bottom feature and was built by a well-respected commercial company in Naples Florida. The builder is Belle Craft. now inactive.. .
The tours are streamlined and soo easy to operate. Just switch on the batteries and go. At the end of the tour all you need to do is wash down the decks; take empty fuel containers. trash and remaining food; that's it so no stress or labor-intensive Even the cruising area is protected and in 10 ft. of water. I love it!!!! You will find it hard to discover another great "turn-key" operation if willing to relocate to paradise. Read the Mar-Jun 2024 issue of a local info magazine....wherewhenhow.com and there is a feature story on pages 64 & 65 also our two page advert is on 54 & 55.
"You only live once" so why let this great business opportunity pass you by? It would be a shame to realize one day that you did not go for it. I always advise guests on my tour that I have not had a bad day yet! How can you when you wake up every morning for 38 years and the suit you put on is a bathing suit. This lifestyle could be yours; I started this business with a dream and struggled to get it going and made many errors along the way. Now the next owner will benefit from my learning process and skip this process. You may be the one to inherit my dream. Capt. Bill


DETAILED INFORMATION
Location
port st. lucie, FL
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
31/12/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Main asset is the all aluminum catamaran just refurbished with two new Honda , 2022Motors have 400 hours as of November 1st 2024)
Competition
The Turks and Caicos islands is one of the premier tourism destinations in the Caribbean. Trip Advisor and Conde Nast have voted the beaches as number one in the world for the past five years. As many as twenty international flights arrive packed with tourists on Saturdays and Sundays and over ten each weekday. The watersports license I operate under allows other activities to be added such as boat/kayak/jetskii rentals and much more a great expansion opportunity. No captains license required; just STCW certification. Quoted replacement value of boat 1M
Growth & Expansion
Tremendous opportunity since I am slowing down at age 78 and not promoting extra bookings If you view the boat you will see that it is unique and called Provo's Floating Playground, Everyone wants to play on the swing/slide/.diving board/ 20 foot high diving ladder & trampoline + take part in the waterbasketball shoot-out. .WOW The watersports license that I operate under allows other activities i/e jetski rental...boat rental...kayak rentals etc. See a great video on u tube. toms amazing travels look for Turks & Caicos then oceanoutbck adventures.
Financing
Owner financing available with 50% down
Support & Training
For up to six months to a year I would assist the buyer with the operation & could continue running the tours till the buyer relocates. Owner financing with 50% down is available. I have had queries to document what the cash flow is and would forward 2021 & 2022 IRS 1099-K reports showing what the booking agency reported which is over $200,000 each year. Want a copy?
Reason for Selling
I wish to retire eventually. Please note the gross revenue is $250.000 & not $39
Home-Based
This business is Home-Based

BUSINESS LOCATION
Report an Issue with this listing
Capt. Bill
Capt. Bill