Excursion Boat & Events

Business Overview:

Iconic paddlewheel boat has been providing a variety of cruises on the scenic Caloosahatchee River and Florida's Intercoastal Waterway. Current cruise offerings include Brunch Cruises, Luncheon Cruises, Sunset Cruises, Dinner Dance Cruises, Holiday Cruises, All-day Intercoastal Waterway Cruises, and private/special event cruises.

Opportunity for new owner to increase operating hours, service offerings and leverage the growth and improvements to the downtown river district. 

The 475-passenger, 92-foot excursion boat is valued at $1.14 million. The vessel has three levels and is set up for sight-seeing, dining, music and dancing. Two decks are climate controlled inside decks, and the 3rd deck is open air. Recently completed professional survey will be made available for prospective buyers.  

The boat is currently docked at a growing downtown river district, near new hotels, restaurants, condominium and apartment complexes. Southwest Florida growth and post-COVID recovery should provide numerous opportunities for increased usage and growth. Many normal group outings and special events were cancelled due to COVID the past few years.  

The offering also includes a 4COP liquor license. Also, the boat could be sold separately and relocated.  

Business has excellent reviews on TripAdvisor, Facebook, Google, Yelp, etc. 

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The vessel is a three level excursion paddlewheeler with 475 passenger capacity. Length is 92' with 30' beam. Registered depth is 5.6' with weight of 84 net tons. Propulsion is twin V-8 Detroit Diesels. The estimated market value of the vessel is $1,140,000. Marine Survey was completed by Accredited Marine Surveyor dated April 17, 2021.

Market Competition and Expansion:

The 'competition' is for events, sight-seeing, tourism. The southwest Florida market offers a variety of activities for visitors and residents- boating, golf, fishing, hiking, restaurants, entertainment, etc. However, there are limited offerings for waterway cruises for holidays, special events, relaxing brunch/lunch/dinner cruises, sightseeing. There is enormous opportunity to develop new business model by expanding cruise options and hosting other events at the dock. The southwest Florida population growth continues to provide a tremendous new customer base. Additionally, new hotels, upgraded event center, new restaurants, and new construction (homes/condominiums/apartments) are all new opportunities to reach more visitors and residents.

Reason for Selling:

Retirement

Additional Details:

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