9.2 / 10
 Adelaide

For sale: Oyster tour and restaurant business with staff accommodation serving 16,000+ tourists annually.

Key Business Facts
Yearly Sales USD 2.4 million
EBIDTA Margin 25 %
Industries Restaurants
Locations  Adelaide
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.
Capitalization Overview
The business is funded by the owners. The business has no loans or liabilities. It has 2 owners 50% each.
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.
Full Sale
Asking Price: USD 5.3 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
In talks with 3 Investors
Contact Business