Business For Sale

Hawaii - Recreational Tours in Historical Locale

Not Disclosed, HI

Not Disclosed


Asking Price: Annual Revenue:
$283,500 $342,369

Recreation: Entertainment


Request More Information
Contact the Seller

RE: Hawaii - Recreational Tours in Historical Locale Broker: Tom Caltrider

Quick Facts

Asking Price: $283,500
Annual Revenue: $342,369
Net Profit: Not Disclosed
Cash Flow: $121,329
Total Debt: Not Disclosed
FF&E: $115,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 2
BBN Listing #: 208852757
Broker Reference #: HI PT

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

In 2012 the Company began offering guided personal transporter (“PT”) tours in Hawaii. They operate out of a well located, low cost retail location and they offer over 10 different tours including private tours of the area using 17 personal transporters. The Company also sell parts and offer repair services for privately owned transporters, sells other Hawaii activities for which they earn a commission and they offer a wide array of retail tourist items like tee shirts, etc. at their store.

Their 1,200-square foot store is designed with beautiful handcrafted furniture and decor and features a full range of personal transportation models. They have a very effective web site which accounts for about 70% of total sales. They also sell through local activities sellers and hotel concierges, to whom they pay a sales commissions. In addition, they are also approved repair technicians so they can repair both their and others PTs and can buy PT parts at a discount.

All labor is provided by a small team of full and part time independent contractors.

The Company currently has an annual renewable agreement with an international provider of personal transporters. This Agreement details a number of items, including:

1. Appoints the Company as a non-exclusive provider.
2. They are authorized to sell and service company products in the USA, etc.
3. Provide PT training to all customers.
4. Non-exclusive use of trademarks

• The Company offers a very well-known and relatively new and exciting recreational activity for the many visitors to Hawaii.
• Hawaii for many reason has become one of the US’s and World’s preferred vacation and convention venues and continues to see excellent growth in the number of visitors and their expenditures.
• Fairly easy business to operate with only a few staff members.
• There revenue is spread over guided tours, repairs and parts sales, sales of complimentary tourist activities and the sale of tourist type retail goods at their retail location
• Significant portion of value is in tangible PTs
• Good revenue growth with excellent profit margins and owner’s profits.
• No direct competition.

For the trailing 12 months, ending July 31, 2017, the Company had sales of over $342,000 which generated over $121,000 of owner cash flow (“Seller’s Discretionary Earnings”).

This is a great, easy to run business that generates good cash flow and growth. A great way to live and enjoy Hawaii.

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:

Well located and no cost 1,200 retail space for operations of the tours and retail sales.

Market Competition and Expansion:

No direct competition.

Reason for Selling:

Retirement

Additional Details:

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

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!