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Parasailing And Speedboat Excursions Business
Location: Belize
Industry: Entertainment and Leisure > Other Entertainment and Leisure

Business Summary

Located on the beautiful island of Ambergris Caye and operating at the same location for over ten years, parasailing from the centrally-located Fido's Dock in downtown San Pedro has been the most popular and profitable water sport in Belize. ''Island Waves'' is a 28 foot Premium Parasail boat with a 270 HP Volvo Penta Diesel. Business is turn-key with all licensing, lease, and accoutrements consisting of chutes,harnesses,life jackets,---as well as two long--standing employees ,both with commercial captain's licenses issued by the Belize Port Authority.Additionally, ''Funtasea'' with six (6) mini-speedboats, and a Private Fishing and Snorkeling Boat are part of this turn-key package.This business has the undisputed best location in all of Belize, and has two one-of-a-kind businesses (parasailing and ''Funtasea'' in addition to the Fishing and Snorkeling on a private watercraft (as opposed to the large tour operators who carry 12-15 people at a time). Belize is reaping increased tourism as a result of the fears about Mexico and is poised with its fantastic resources,including the second largest barrier reef in the world,to become an even greater tourist destination with English being the national language! Owner will offer training and may consider some seller financing.


Asking Price Range:  $250K - $500K
Gross Revenues:   $300,000
Cash Flow:   $100,000
Cash Flow Type:  EBITDA
Inventory:  $200,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  4 - 5
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Included for 3 months or longer.
Reason For Selling:  Retiring.

Print Listing Id: 700171095
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