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Boat sightseeing tour business

Boat sightseeing tour business

  • Type :

    Buy Business
  • Business Type:

    Business
  • Business Name:

  • Country:

    United Arab Emirates
  • State:

    Dubai
  • Area:

    Dubai Marina
  • Asking Price:

    2,200,000 AED
  • No Of Employee:

    4
  • Year Established:

    2014
  • Annual Turnover:

    600,000 AED
  • Annual Net Profit:

    350,000 AED
  • Business Licence:

    Mainland
  • Net Assets:

    1,500,000 AED
  • Keywords:

    speed boats sightseeing tour dubai marina
  • Real Estate:

    N/A
  • Reason for Sale:

    Leaving the business partnership
  • Information on staff:

    The staff members are loyal individuals and would continue their employment should there be a company ownership change. A sales and marketing manager could be hired to support the business development.
  • Information on transition to new owner:

    3 months support would be provided to the new owner

    Business Overview

    The company is one of the pioneer tour operators in Dubai providing sightseeing boat tours in Dubai Marina. The cruise route includes some of the most popular landmarks in Dubai, including the Palm Jumeirah Island, Atlantis Hotel, Burj Al Arab Hotel, Jumeirah Beach Hotel, Wild Wadi and Dubai Marina. The boats’ specifications and customization facilitate the addition of supplementary services, such as private tours, water taxi and vessel cleaning service. Due to their specifications, the boats are certified with a permanent permission to be used in Dubai Marina, Creek and Dubai Canal waters. The certification allows supplementary revenue streams and services to be developed and executed to significantly increase the business revenue. The business assets include 3 rubber boats with Yamaha engines. Two of the boats are currently operating and parked in Dubai Marina and the third, brand-new boat has not been put into operation yet. The business has 40 active contracts with destination management companies and travel agencies as well as multiple marketing partnerships to promote the services. The annual expenses amount is AED 240,000 including license renewal, sponsor fee, boat insurance, parking and license. https://www.facebook.com/loveboatdubai/

    1)Boat tours from Dubai Marina to the Palm Jumeirah 2) Private tours 2)Water taxi services 4)Vessel cleaning service

    - Two 11-seat boats parked in Dubai Marina - One brand-new boat Boat specifications: MAKE: ASIS RIGID INFLATABLE BOAT /2014 LENGTH: 9.5 M BREADTH: 3.15M DEPTH: 0.63M ENGINE: 2x250hp YAMAHA HULL: FIBRE GLASS

    - Additional revenue stream could be developed by expanding the product portfolio and adding Dubai Creek and Dubai Canal tours. - The business can capture a share of the main competitor’s annual profit of AED 2 million should they put the third boat in operation and appoint a sales and marketing team to drive more sales.

    - Active contracts with destination management companies and tour agencies - Good business growth potential and opportunities

    DISCLAIMER

    This Listing has been produced by a User of our Site and, in accordance with our Terms and Conditions and Marketplace Policy, we are not responsible for the content of the Listing or any information or materials referenced in the Listing. You should undertake your own due diligence in respect of the contents of the Listing and any queries should be directed directly to the Seller using the contact form set out above.

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