Rare Opportunity : Permited eFoil Ocean Adventure Tourism Business
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RARE OPPORTUNITY: Permitted eFoil Ocean Adventure Tourism Business
This established eFoil adventure tourism operation represents a unique investment opportunity in Hawaii's thriving tourism market. Operating since 2021, the business has achieved $164,000 in annual revenue while maintaining the largest market share on Oahu by booking volume.
BUSINESS OVERVIEW
As Oahu's premier eFoil operator, the company serves premium tourists seeking unique water adventures. With over 3,000 satisfied customers, the business has built strong organic search dominance and brand recognition. The operation focuses on accessible water sports with the motto "Easier than surfing, and more fun," appealing to customers regardless of age or fitness level.
COMPETITIVE ADVANTAGES
• Holds one of only two island-wide commercial eFoil operation permits issued by Hawaii Department of Land and Natural Resources (DLNR)
• Government permit caps effectively prevent 99% of potential competitors from entering the market
• Operates from two strategic locations (Haleiwa and Keehi Lagoon) providing weather hedging and geographic market diversification
• Established dealer relationships with premium eFoil brands Flite Board and Waydoo
FINANCIAL HIGHLIGHTS
• Annual Revenue: $164,000
• FF&E Value: $25,000
• Inventory Value: $42,000
• Seller financing available
• Clean financial records with good tax standing
GROWTH POTENTIAL
• Current operations limited to 8am-2pm with expansion opportunity to sunset
• White-label partnership opportunities with five-star Waikiki resorts
• Corporate and incentive travel market development
• Recurring revenue streams through board servicing and sales
• Premium experience positioning in growing adventure tourism sector
OPERATIONS & SUPPORT
• One full-time employee capable of handling 80% of business operations
• Comprehensive training and 3-month post-sale coaching included
• Documented procedures and full Hawaii compliance
• Complete insurance coverage including general liability, business, and workers compensation
• Clean LLC structure allows seamless permit transfer
This lifestyle business offers an exceptional opportunity to own a permitted operation in one of the world's premier tourist destinations with significant barriers to entry and proven growth potential.
Selling due to business partner's career change to commercial aviation.
This established eFoil adventure tourism operation represents a unique investment opportunity in Hawaii's thriving tourism market. Operating since 2021, the business has achieved $164,000 in annual revenue while maintaining the largest market share on Oahu by booking volume.
BUSINESS OVERVIEW
As Oahu's premier eFoil operator, the company serves premium tourists seeking unique water adventures. With over 3,000 satisfied customers, the business has built strong organic search dominance and brand recognition. The operation focuses on accessible water sports with the motto "Easier than surfing, and more fun," appealing to customers regardless of age or fitness level.
COMPETITIVE ADVANTAGES
• Holds one of only two island-wide commercial eFoil operation permits issued by Hawaii Department of Land and Natural Resources (DLNR)
• Government permit caps effectively prevent 99% of potential competitors from entering the market
• Operates from two strategic locations (Haleiwa and Keehi Lagoon) providing weather hedging and geographic market diversification
• Established dealer relationships with premium eFoil brands Flite Board and Waydoo
FINANCIAL HIGHLIGHTS
• Annual Revenue: $164,000
• FF&E Value: $25,000
• Inventory Value: $42,000
• Seller financing available
• Clean financial records with good tax standing
GROWTH POTENTIAL
• Current operations limited to 8am-2pm with expansion opportunity to sunset
• White-label partnership opportunities with five-star Waikiki resorts
• Corporate and incentive travel market development
• Recurring revenue streams through board servicing and sales
• Premium experience positioning in growing adventure tourism sector
OPERATIONS & SUPPORT
• One full-time employee capable of handling 80% of business operations
• Comprehensive training and 3-month post-sale coaching included
• Documented procedures and full Hawaii compliance
• Complete insurance coverage including general liability, business, and workers compensation
• Clean LLC structure allows seamless permit transfer
This lifestyle business offers an exceptional opportunity to own a permitted operation in one of the world's premier tourist destinations with significant barriers to entry and proven growth potential.
Selling due to business partner's career change to commercial aviation.
About the Business
- Years in Operation
- 5
- Employees
- 2 (1 Full-time, 1 Contractor)
Seasonal employees over busy summer months - Facilities & Assets
- Business comes fully operational, fully insured with DLNR permit to operate in Haleiwa and Ke'ehi Lagoon, Sand Island. Operational assets include a 2006 Ford F150 Van, with integrated 10KW generator for charging batteries. Van is fitted with racks, security, and bins for storing equipment. 7 Waydoo Evo eFoils are included along with 2 operating Flite board AIR eFoils. Digital assets include 2 functioning and SEO optimized Websites, connected to our booking platform fare harbor. We have a presence on all the major booking platforms with approx. 10% of business coming through Viator, Get your Guide, Airbnb experiences, Blue Hawaii Tours and several other resellers, with approx. 90% being direct bookings. We have over 500 5star google reviews, between the the two brands we operation and another 50-80 reviews across the other platforms well sell on. Approx. 10% of our customers are repeat customers who bring in 10-20% of all new bookings.
- Website
- https://efoilwaikiki.com/
- Market Outlook / Competition
- As Oahu's largest eFoil operator by booking volume and revenue, the company captures the clear majority of market share. This high customer volume, along with over 3000 satisfied customers generates organic review and search engine dominance, cementing the brand as the default choice for premium tourists. The Hawaii Department of Land and Natural Resources (DLNR) rigidly caps commercial ocean recreation permits. This business holds one of only two island-wide commercial eFoil operation permits. Government limits entirely freeze out 99% of future copycat competitors We operate from 2 locations, providing a weather hedge, and further expansion capabilities. Being licensed in both Haleiwa and Keehi Lagoon, allow geographically diverse targeting of tourism markets, and allows expansion during busy summer months .Clean Corporate Transfer: Permits are held under the LLC name. A buyer can seamlessly acquire the entity without disrupting operations or permit validity
- Opportunities for Growth
- While primarily we are an adventure tourism or "premium experience" activity and are driven by the tourism market there are several key aspects that will ensure the growth of the business. eFoiling is easy and fun, our moto is "Easier than surfing, and more fun". 100% of our customers enjoy their lesson, and the physical demands of it are similar to moving from lying down to standing. Age is no barrier, and physical fitness helps but is not crucial. Opportunities exist to establish white-label partnerships with five-star resorts in Waikiki, and also go after corporate and incentive travel. We are dealers for Flite Board the premium eFoil on the market, and demo to high end customers, along with providing yearly services to their boards (re-occurring revenue and sale opportunities). We also are an agent for Waydoo, a more budget conscious brand. Opportunity exists to expand booking hours, currently we only operate 8-2pm, during busy periods it is possible to stack lesson till sunset
About the Sale
- Seller Motivation
- Operational business partner becoming commercial pilot, and needs to move on.
- Transition Support
- We will offer full training, and coaching development along with maintenance training for all the equipment we operate. The Operations manager lives nearby and can be available for up to 3 months after sale to go over business function, operations and help with the "lay of the land". Business comes with documented procedures and full Hawaii compliance, with well priced general liability insurance, business insurance, Workers comp insurance, clean books and good standing with the TAX department. We have 1 full time employee who can transfer with the sale and can operate about 80% of the business needs.
Listing Info
- ID
- 2517382
- Listing Views
- 70
Business Location
Listing ID: 2517382 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.
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