Price: Seeking EOI; call to discuss further
Categories: Accommodation/Tourism, Transport/Distribution
Are you a current tourism or transport business operator seeking premium business opportunities across Australia that are of a size and nature suitable to run under local management? Would you like to have a presence in the booming tourism scene of the Top End of the Northern Territory with a well-established, market-leading venture?
The Darwin iteration of the Iconic Big Bus International City Sightseeing Tours utilising Double Decker Buses is for sale due to the pending retirement of the current operator and presents a one-off opportunity to a savvy operator.
The business operates all year round, carries tens of thousands of tourists annually and is an integral component of the Top End Capital's tourist network, providing a hop-on, hop-off tour service to Tourist Destinations throughout the bustling Darwin CBD. The business is for sale with the option to either continue operating under the Big Bus Banner or to go independent and is priced below replacement cost.
Key features of the business include:
* Principal business in its category has an unmatched market share.
* International branding and reputation from Big Bus Network.
* High-net-profit business 2023 FY produced PEBITDA approaching $600k.
Revenue and Profit both show strong growth.
* Multiple long-term, very experienced staff looking to remain with business.
* Simple business model has been run under management.
* Marketing and ticketing avenues already established and proven.
* Direct exposure to the rapidly growing Darwin Cruise ship industry provides year-round revenue
* Current Fleet of six double-decker Decker busses
* Handover will be included
Seeking EOI Call to discuss further.
Tourism is one of the top-end businesses with strong growth, and Darwin is on many Aussie bucket lists to visit The business provides an essential, high-quality, readily accessible tour of the NT capital. Strong, mature, stable tourism businesses suitable to run under management are a rare commodity.
TBS (Licensed Agent) ------ Smith St Darwin, NT
