Seller's Contact Information
- RE: Ocean Recreation Business @ 2.0x Earnings
- Contact: James Mayfield
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 370548018 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Imagine living in paradise, boating as often or as little as you choose, and still making close to $1 million a year! Many outdoor activity businesses come and go in Hawaii each year. However, few last 26 years with revenues well above $1 million, and market value of equipment of at least $620,000.
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Property Features and Assets:
Comes with fully equipped 'raft', seating 28 passengers, and a leased retail /check-in center. Also included, back-up new twin, Suzuki 250 engines to ensure your business continues to operate.
Market Competition and Expansion:
The market is quite competitive but is divided into three specific areas on Kauai; the North Shore (Hanalei), Eleele (Port Allen) which houses the largest boats and Kikiaola (housing several small 'rafting' companies. Each has its benefits. For this company, Kikiaola Harbor is located much closer to the Na Pali Coast than Port Allen, which lowers the cost of gasoline and allows for more frequent sailing trips as the harbor is located 30 minutes /- closer to the Na Pali Coast each way.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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