Hawaii’s Only Live on Water Seaplane Service For Sale

Business description

This is the only seaplane touring business in the entire state of Hawaii. Given the extraordinarily difficult permitting process, it is likely to remain so for years or even decades to come. This is a one of a kind, lifestyle business.
Includes not one but two fully equipped seaplanes with many, many years of life left in them. Both were recently overhauled and are together worth nearly $1 million. Offers a breathtakingly spectacular, one of a kind location right on the water at the Honolulu airport. The entire facility is “floating”, built on a dock (and is classified as a vessel, not real estate) and features a large redwood deck that circles the property along the water, and is ideal for hosting dinners, barbeques, corporate events, etc. Since the property is a vessel, the business pays no property taxes.
Features a gorgeous wedding chapel that does hundreds of weddings per year. It is one of only two floating wedding chapels in the entire Pacific. The weddings are completely marketed and managed by another company that pays a fee to the company for the facility. This company has been aggressively expanding.
Premises also include a small (200 square feet) living space, with bedroom and kitchenette, that enable the owners to live on site if desired (the current owners do). Also included under roof are ample office and reception space.
The Company’s tours are the only air tour in all of Hawaii recommended by both Frommer’s Travel Guide and the National Geographic Traveler
Has 10 year, transferable lease
Also offers weddings through a third party wedding company on our premises, and dinners, barbeques, and parties featuring one of the best views in all of Hawaii
Perfect safety record.

Property information

Real Estate:

Lease

Living accommodation:

Small on site apartment with stunning ocean view

Location:

Stunning, one of a kind location right on the water.

Premises details:

Includes a small apartment and wedding chappel

Other information

Reasons for selling:

Retirement

Furniture / Fixtures value:

$750,000 (included in the asking price)