Hot Listing

One-of-a-Kind Lifestyle Charter Business: Established, Untapped Growth

Asking Price$650,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$275,000
Included in asking price
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Hot Listing

One-of-a-Kind Lifestyle Charter Business: Established, Untapped Growth


Asking Price$650,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&E$275,000
Included in asking price
Business Description
Exclusive Floating Tiki Bar Operation - Fully Equipped, Prime Location
-Turnkey operation with Custom Fleet, Booking System, equipment, licenses, secured dock lease, and certifications current. Built to be a remote manager.

-Proprietary charter fleet unavailable through competitors.
-Established relationships with premier vendors and service provider
-5-star ratings across all platforms with Exceptional Market Position and a robust Social Media presence.

-Comprehensive training and handover period included.
-Optional consulting arrangement with current owner available.
-Seasoned crew willing to continue under new ownership.
About the Business
Years in Operation
8
Employees
We have a very robust list of captains who have worked with us for 5+ years
Facilities & Assets
***Two Unencumbered Floating Tiki Bars ** Handcrafted and constructed to ABYC standards and USCG compliant.

****Will sell assets. Each vessel is priced at $250K.
...
***Grandfather Advantage*** Our vessels are Exempt from franchise requirements now Mandatory for new operators...

***Coveted Commercial Dock Lease ***
Prime position end dock accom. vessels up to 57ft (Commercial docks are virtually impossible to secure)...

* OUPV 6-Pack License ...
* Established Website - desktop and mobile...
-Additional Suzuki 30hp ensures operational consistency
-Misc. equipment: holiday decor, dock boxes, etc.
Website
Show Website URL
Market Outlook / Competition
**Powerful Brand Recognition** - Well-known local attraction on numerous "must-do" lists
** FEATURED on upcoming Season 20 Real Housewives of OC
(October air date)
** Can be managed remote. We built it turn be absent.

**Proprietary charter packages unavailable through competitor**
**5-star ratings across all platforms **
**Robust Social Media** 80% of bookings generated by established social channels
** Instagram-@newportbeachtikis

**Partnerships- Red Bull, Visit Anaheim, Visit Newport Beach
**FilmLA - Ready access to production bookings
**Entertainment- DJ Party Favor, Sammy Hager , Green Day
**Sports- Mr. Irrelevant LA Rams
Opportunities for Growth
This was built as owner’s lifestyle business and used to take out clients of his other businesses.
Untapped revenue growth opportunities exist.
We have grown organically w/ minimal marketing
The tikis are a rare opportunity to purchase. The manufacturer is now a franchise.
OBO will be considered .w/ proof of funds
Real Estate
Owned or Leased
Leased
Rent
$3,800 per month
About the Sale
Seller Motivation
Built for lifestyle and marketing for other businesses. Owner relocated .
Transition Support
-Comprehensive training and handover period included.
-Optional consulting arrangement with current owner available.
-Seasoned crew willing to continue under new ownership.
Financing Options
NO Seller Financing. It will not qualify for SBA
Listing Info
ID
2358286
Listing Views
6146
Business Location

Listing ID: 2358286 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.