Profitable Hawaii Ocean Kayaking Tour Business

Not Disclosed, HI

Low cost and close to customers


Asking Price: Annual Revenue:
$395,000 $345,041

Recreation: Outdoor


Request More Information
Contact the Seller

RE: Profitable Hawaii Ocean Kayaking Tour Business Broker: Tom Caltrider

Quick Facts

Asking Price: $395,000
Annual Revenue: $345,041
Net Profit: Not Disclosed
Cash Flow: $179,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 5
BBN Listing #: 108852757
Broker Reference #: HI Kayak

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

EXECUTIVE SUMMARY

This Company is one the most experienced and trusted Kayak and Snorkel Tour businesses in Hawaii and has been in business for over 20 years. The company specializes in small group ocean eco-tour experiences. Their kayak tours include snorkeling along Hawaii’s ocean fish-filled reefs. It’s solid base of customers include direct online reservations through the company’s professional website, and from their strong relationships with worldwide reservation agents such as TripAdvisor and Expedia, as well as corporate group convention outings and Hawaii activity booking agents. They have excellent ratings on all travel web platforms including TripAdvisor, Google Reviews and Yelp with a top SEO result on Google search. They are fully permitted by both their County and the State of Hawaii.

This is a great lifestyle business which provides enough income for the owners to live very well in Hawaii’s paradise.

INVESTMENT HIGHLIGHTS

• The business is long tenured and well established with major local and online distribution booking entities like TripAdvisor and Expedia.
• Excellent reputation with on island activity sales desks and entities.
• Excellent long history of customer reviews online (Google, TripAdvisor, Yahoo)
• Has strong relationships with the major corporate marketing companies (“DMCs”) who book most of the corporate events activity purchases.
• They have multiple County and State of Hawaii operating permits for different locations. Repeat customers therefore can kayak a different location.
• A big advantage the Company has, because it operates on numerous permitted locations, is that if the weather or surf at a schedule tour location is bad, they can move the tour to another of their permitted locations instead of cancelling the tour.
• Strong recovery from Covid.
• Strong profit margins.
• Customers can book tour reservations on-line on their website, by-passing the commission sales agents.
• Relatively easy to operate.
• Attractively priced.
• Consistently good revenue and profits. 2021 SDE of $179,031 on Sales of $345,041.
The Business is being offered on a fully turnkey basis including all operating assets and permits, plus a long-term non-compete agreement and training provided by the Seller, due to the pending retirement of the owners.

To obtain our detailed, 60 plus page, Confidential Business Profile, which includes all relevant business information and tax return based financial data, please contact Hawaii Business Sales.

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:

Business operations are home based Base yard for equipment storage is Leased Base yard monthly rent: In 2021 - $700 per month; $8,400 per year; and $3.50 per square feet. Approximately a 10 by 20-foot storage shed (200 square feet) and significant uncovered base yard space for storage of kayaks and trailers. Base yard lease expiration date: Month to Month.

Market Competition and Expansion:

COMPETITION and PROS & CONS OF BUSINESS • They believe they are one of the largest providers of ocean kayaking on the island and have only modest competition. • They are fully permitted by both the State of Hawaii and their County. • Excellent website where customers can book reservations directly, which saves the Company from paying commissions to reservation services. EXPANSION OPPORTUNITIES They have several growth opportunities including Kayak fishing tours, Stand Up Paddle Board Tours and Kayak rental delivery. They currently get a number of calls from people wanting to rent Kayaks, but currently do not do so.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!