Need help?

Profitable Cruise Line for Sale in Ensenada, Mexico

Malecón de Ensenada's only attraction offering cruises and pirate ship tours with strong initial traction.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales INR 2.56 crore
EBITDA Margin 40 %
Industries Cruise Lines + 1 more
Locations  Ensenada
Local Time 9:43 PM US / Pacific
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 25 crore (Native Currency: USD 2,950,000)
Reason: The managing partner is extremely ill.
Includes physical assets worth INR 25 crore
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- The business is located in Ensenada, and is the only attraction of its kind for the general public on the Malecón, featuring the absolute nicest ships, including a pirate ship.
- Situated on the Malecón de Ensenada, the business benefits from high foot traffic and a steady flow of tourists, making it a prime attraction for the general public.
- Business has started operations just a month back.
- Revenue is generated by charging an entry fee, sale of drinks and hosting events.
- Has 10 employees and operates a fully licensed bar, with the only pirate ship on the west coast and the only party ship of its kind in the area.
- After a prolonged process, the business has successfully obtained all necessary licensing and registrations, including boat registration and business licenses, positioning it to operate in compliance with local regulations.
- The business is open for 2-hour cruises daily for the public.
- The business has demonstrated strong initial traction, with over a thousand visitors in the first three days of opening and a significant social media following.
- With two cruise ships visiting every couple of days and Ensenada emerging as a tourist destination, the business anticipates substantial growth opportunities, tapping into the increasing influx of tourists and the burgeoning tourism industry in the area.
- The business has already secured six lucrative party bookings, signaling a strong start in revenue generation, with an estimated worth of USD 40k.
- The founders have extensive experience in the industry, with one partner having successfully operated a similar business in Cabo San Lucas for 15 years, bringing valuable expertise to the venture.
- The business is led by a seasoned entrepreneur with over 25 years of business experience, including a successful business sale in Phoenix, Arizona last year, demonstrating the leadership's business acumen and potential to drive the company's growth and success. He is from USA but is currently running the business in Mexico.
- The business has a minority partner who owns the dock, providing a strategic advantage in terms of location and access to necessary facilities.
- However, the business faces a challenge due to a partner's illness, as he is a key operational figure within the business. This presents a potential risk to the ongoing operations and may require contingency planning.
Products & Services Overview
Cruise experiences:
- Daily 2-hour cruises: Available to the general public.
- Party cruises: Customized for private events and celebrations.
- Pirate ship cruises: Unique themed cruises.
Licensed bar: Serving drinks to clients.
Clientele includes local residents, tourists and groups.
Assets Overview
The owner would receive the pirate ship with a current market value of USD 3.1 million, a party ship valued at a current market value of USD 800,000, before renovation and full inventory retail store on the Malecon but there is a $700 monthly payment for that, they would receive the full inventory on the party boat which is over USD 100,000 as well. They would also receive all the licensing all of the upgrades all of the startup costs that were incurred to set this business up which were in the amount of about $400,000.
We're listing it for 2,950,000. So a prospective new purchaser would be in an excellent position because they're just buying assets well below market value and have a turnkey startup business as of now.
Facilities Overview
We own a total of 2 ships and 1 boat. 1 pirate, 1 party and a small boat.
All with the current surveys on them with the value of over 4 million dollars current market value. We have a retail store right in front of us that we lease for $700 a month with $100,000 worth of inventory in it at the moment the business is completely 100% turnkey now.
Operating in Malecón de Ensenada.
Capitalization Overview
The great thing about our business is we don't owe anything.
We have approximately USD 4.6 million in current market asset value And have zero debt.
There are 3 shareholders in the business.
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
3 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more