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Lucrative Boat Tours - Top Location in FL

Pinellas County, FL
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Asking Price:$835,000
Gross Revenue:$455,931
Established Year:2014
Cash Flow:$240,795
FF&E:$21,000
Listing ID: 2289413Listing provided by BizBuySell
BUSINESS DESCRIPTION

A fun boat tour business to local FL islands and in the Gulf of Mexico. And customers agree; on TripAdvisor - a 2024 Traveler's Choice Award winner, 5 star rating with over 600 reviews, #2 Outdoor Activities in this community. In addition to TripAdvisor, a 4.9 stars on Google with over 500 reviews. This business features 2 boats, a 47' and 26' boat provide; dolphin and sunset cruises, snorkeling and shelling, weddings, parties and corporate events. Regular tours past a former #1 beach in the country. Cruise the intracoastal waterway to the best waterfront restaurants. This is in a great location with 2 boat slips on the main street of a community with almost a million tourists per year. Owner has limited involvement in the business and currently lives out-of-state. None of the complexities of fishing, just ride people around on the water to the local sites, which includes some of Florida's most renown. A profitable way to enjoy boating in the Gulf of Mexico all year long.

DETAILED INFORMATION
Location
Pinellas County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
15
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facilities for this business are two well-maintained boats. These are simple tour boats, with covering to provide shade. The boats are located in very valuable boat slips at a major marina. The marina attracts tourists walking by the boats because of 2 popular waterfront restaurants only steps away.
Competition
Yes there is competition, this is a premier tourist location in Florida. However, this company has been creating happy customers for 10 years, and receiving the 2024 Traveler's Choice Award from TripAdvisor confirms that this team provides service above and beyond the competition.
Growth & Expansion
The current owner has limited involvement and has not been aggressively marketing, the boats are not operating at full capacity. And once a new owner is operating at capacity, they could simply trade up to a larger boat. Commercial boat slips are almost impossible to find in this area, which is a barrier to new competition. A new owner could grow this business, starting with an award-winning reputation.
Financing
Lender pre-screened with $335K down.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owner lives out-of-state.
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Mark
Purtee
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Mark Purtee
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