Iconic Florida Riverboat Cruise Business Available

Florida
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Asking Price:$8,500,000
EBITDA:$1,000,000
Real Estate:$6,200,000
Gross Revenue:$7,900,000
FF&E:$2,000,000
Established Year:1935
BUSINESS DESCRIPTION

This Riverboat experience is one of Florida's most iconic and long-running attractions, having been in operation since 1935. This family-friendly business offers a variety of boat tours along the city's scenic river, providing passengers with a unique perspective of the area’s famous waterways. The narrated cruises highlight local landmarks, including the luxurious mansions and mega-yachts along a millionaire’s row, making it a popular way for visitors to explore this amazing part of Florida.
The company operates several different types of cruises to cater to a wide range of preferences. For daytime visitors, the standard sightseeing cruise is a popular option, where passengers can enjoy views of the bustling waterways while listening to engaging commentary from the boat’s guide. However, this business is best known for its evening dinner cruises, which feature a trip to a private island, where passengers disembark to enjoy a festive experience.
Today, the business continues to evolve, incorporating modern amenities while staying true to its original mission of providing affordable, high-quality entertainment on the area’s waterways. It plays a significant role in the local tourism industry, contributing to the city’s reputation as a prime destination for boating and water-related activities


DETAILED INFORMATION
Location
Florida
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The sale includes an 84’ recently refurbished and certified vessel with 390 capacity and a 64’ vessel with 129 capacity, a 250’ riverfront dock, and a 3.048-acre parcel of land featuring Entertainment and Dining on the river and all FF&E. The owner wants to retire. Turnkey opportunity for only $8,500,000!
Competition
This company has been in business since 1935 and plays a significant role in the local tourism industry, contributing to the city’s reputation as a prime destination for boating and water-related activities. For many visitors, a trip to Florida isn’t complete without experiencing the charm and history of this historic business.
Growth & Expansion
The region it is located in continues to grow with tourism. The future growth is simply based on the new owners desire to tap into all the tourism opportunities available. There is little to no competition with a reputation similar to this company.
Support & Training
The current COO who handles all day to day operations will remain. The owner will work with the buyer for an agreed transitional period of time.
Reason for Selling
This is a family owned business and the founder passed several years ago. The el
Home-Based
This business is Home-Based
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David Founds, P.A.
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David Founds, P.A.