Bribie Island Boat And Kayak Hire Business For Sale

Business description

For over 54 years, Bribie Island Boat Hire has been established in a magnificent waterfront location in one of South East Queenslands’ most popular family beach resort islands only one hour north of Brisbane city.

The sheltered waters around Bribie Island and the Pumicestone Passage marine park are home to numerous and plentiful fish, dugong, friendly dolphins, and a myriad of other sea and bird life. This is a major draw card for the business.

The business is easily run by one person during the week and two on weekends and public and school holidays. It is a cash business, with no eftos facilities. Very little in expenditure and virtually no book work.

It is the closest boat hire to the city of Brisbane and the only kayak hire on Bribie Island .It is in a highly visible location next to the Bribie Island Bridge. There is very little advertising needed and most trade is walk ups. The website and brochures are our other advertising.

There is barely any physical labour involved as an electric wynch and aluminium slides have been set up and the truck holds all the equipment and can be locked up and driven off site, leaving only the tinnies chained securely upon the sea wall.

This business is a lifestyle business and would suit people looking for a simpler life without the stress of everyday work problems. Somebody who is semi retiring, a person who wants to be their own boss. It also has the potential to grow into much more depending on your aim. At the moment it is a profitable business that can be taken on a walk in walkout agreement.

Property information

Location:

The Boat Hire is situated Left of the Bridge on Bribie Island. The location is highly visible to all traffic crossing the bridge The area boasts significant natural beauty, stunning mountain backdrops, and is sheltered from all but strong south east winds.

Premises details:

The boats are securely chained on the sea wall and only the truck with all the equipment is removed daily. There is no lease agreement or permits required to operate the business in this area. The business is an icon of Bribie and has been operating as a registered business for over 50 years. This status has ensured the business can stay where it is and operate as is indefineately. We have been over this with previous owners and council.

Business Operation

Expansion potential:

Due to public demand we have also purchased kayaks and have found them to be very popular and a big asset to the business. The kayak hire has room for expansion.

Competition / Market:

BIBH offers by far the most competitive rates of any boat hire in the state. We are also one of the largest such businesses around with both local competitors having fleets only a small fraction of our size. Our two immediate competitors (both situated on the mainland) have different type boats and therefore not really our adversary. The only other boat hires are on the Gold Coast and Sunshine Coast. This is the only boat hire situated on Bribie Island and due to the superb, high visibility location, likely to stay that way indefinitely. There are also few areas suitable to operate such a business from on the surrounding foreshores and it is most unlikely the Marine Park Authority will allow another such operation due to the sensitivity of the area.

Reasons for selling:

Why would we sell it? Originally the boat hire was purchased as a family business and has supported us for 8 years and given us, as a family, great weekends together. We also felt that it was a step toward retirement. Well now the kids have grown and we want to get out and see some more of our beautiful water ways.

Trading hours:

The business currently operates 6 days per week from 6-30am to 5pm. Seven day operation is essential on school holidays due to demand. The entire operation requires one person to operate during the week and two over the weekend and holidays. Currently closed on Wednesdays.

Years established:

54 years

Other information

Support & training:

one month or more as negotiated

Inventory / Stock value:

$140,000 (included in the asking price)

Website:

Please click here to view the link

Related documents:

• 
• Inventory List

Home based:

This business can be run from home.