Established Public & Private Excursion Boat Business in Bay City, MI

Asking Price$350,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$292,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Established Public & Private Excursion Boat Business in Bay City, MI


Asking Price$350,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$292,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Well-known family business with a stellar reputation earned over 28 seasons, top-tier reviews on social media and search engines, excellent website SEO, well-trained crew & standardized processes. Existing, reliable vendor relationships for catering, entertainment, and reservations.

Good mix of returning customers for annual events and charters, in addition to discovery by new customers visiting the area. Most public passengers book online easily. Complementary lodging, shopping, and dining are located within walking distance, attracting day-trip and overnight guests.

Complete details can be found here:
https://drive.google.com/file/d/14JSEcTOkBs4DutlR7tx5IHdsGVOPSHE6/view?usp=sharing
About the Business
Years in Operation
27
Employees
19 (19 Part-time)
Seasonal Staff (1 PT Year Round Manager)
Facilities & Assets
Princess Wenonah Excursion Boat - Classic and roomy 60' double-deck steel-hulled vessel for 150 passengers, steel hull, current COI & hull inspection, recent engine overhaul, some renewed steel, new shaft, 2019, well-maintained, equipped for public & private tours and catered events. Watercraft Liquor License.

Islander Excursion Boat - 53' steel-hull double-deck touring boat for 129 passengers currently in layup. Can be reconditioned and returned to service.

Dock lease through 2031 season.
Website
https://baycityboatlines.com/
Market Outlook / Competition
Highly visible location next to main artery feeding downtown Bay City, a growing tourist destination. Adjacent to a busy hotel with convention space for conferences and weddings that need ancillary services, and a main city park with frequent events. Excellent foot traffic on beautiful, well-lit riverwalk. No other similar operation within 85 miles.
Opportunities for Growth
Current season (May 15 to October 15) could be expanded. Add additional themes, late-night hours, or special events to suit your style. Two universities are within 20 minutes if you wish to market to a younger crowd (we have focused on families, seniors, and tour groups for daytime events, and Gen X & up music buffs, higher income travelers, and corporate clients). The second vessel (Islander) included in the sale can be reconditioned and returned to service to increase capacity.
About the Sale
Seller Motivation
Owners Retiring
Transition Support
Consultation and training in operations negotiable with sellers.
Listing Info
ID
2421832
Listing Views

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Business Listed by: Michelle Judd

Listing ID: 2421832 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.