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Tour Operator for Sale in Adelaide, Australia

For sale: Oyster tour and restaurant business with staff accommodation serving 16,000+ tourists annually.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.4 million
Run Rate Sales USD 2.4 million
EBITDA Margin 25 %
Industries Restaurants + 1 more
Locations  Adelaide
Local Time 12:36 PM Australia / Darwin
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5 million (Native Currency: AUD 8,000,000)
Reason: Looking to retire and move to a warmer climate.
Includes physical assets worth USD 3.3 million
Interested to connect with advisors
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Business Overview

Tours:

- Offers a unique and exclusive tourism experience.

- Operates 1-2 tours on quieter days and up to 6 tours during peak holiday periods.

- Gained prominence as an oyster wading tour, featured on local, interstate, and international TV.

- Enjoys robust support from Tourism South Australia and Tourism Australia.

- Tours take place on a floating pontoon with an annual Crown Lease.

- Holds a full license, allowing guests to enjoy beverages during the 1.5-hour tour.

- Priced at $50 per person (excluding drinks and add-ons).

- Regularly rebooked by bus groups, with an annual participation of approximately 16,000.

- Represents 40% of our annual revenue.

- Adapts staffing to the seasonal nature of our business through contract workers.

Restaurant:

- Operates seven days a week.

- Accommodates around 120 guests both indoors and outdoors.

- Specializes in serving fresh local seafood and a variety of non-seafood options.

- Well-equipped kitchen with essential backup equipment.

- Facilities include a 4m x 3m walk-in freezer and two walk-in fridges (4m x 3m & 3m x 2.4m).

- Tours commence and conclude at our restaurant, creating a seamless experience for dining and tour guests.

- Holds a full license for alcohol service.

- Features a manager's residence with one bedroom, ensuite, kitchen, and lounge area.

- The restaurant contributes 60% of our annual revenue.

Products & Services Overview

Products:

Wading tours and restaurant.

Clients:

Tourists.

Assets Overview

- Freehold land, restaurant all fixtures and fittings, farm, shed all equipment for grading, boat and tractor.

- Staff houses by 3.

- Vehicles:

• 1 x 2015 Holden Captiva for pickups of fresh seafood in port Lincoln.

• 1 x 2006 Ford Ute for use with the tours.

- Equipment:

• 1 x 5000 sq m block land located in oyster park, stanley williams drive, streaky bay.

• 1 x oyster processing shed 30 m x 10 m.

• 1 x sed grading machine for mature oysters with conveyors and bin tippers.

• 1 x automated bag filler.

• 1 x spat tumble grader.

• 1 x forklift.

• 1 x 2018 mitsubishi ute, fitted with refrigerated cube for transportation of oysters.

• 1 x full time farm manager.

• accommodation - 1 queen bedroom, ensuite toilet, separate shower + bathroom, kitchen.

• 1 x 2 brm transportable unit, with bathroom, kitchen, lounge, 14 m x 3.5 m.

• 1 x oyster punt with outboard 250 honda.

• 1 x international tractor to tow punt to boat ramp.

• Walk-in coolroom for oysters.

• Approx 16000 baskets, 3mm, 6mm, 10mm, 20mm.

Facilities Overview

The facility is a freehold waters edge land holding of 570 sqm includes a managers quarters and seating for 140 guests. It is situated across the road from a caravan park in a tourism orientated town.

Capitalization Overview

The business is funded by the owners.

The business has no loans or liabilities.

It has 2 owners 50% each.

Recent Activity
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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.
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