Summary
Coral Coast Tours operates 4 jetskis, & 9 dune buggies. 3 x couples accommodation, compound areas. shop in shopping Arcade. Turnover 600k rising new resort coming
Revenue
$550,000 pa
Rent
$82,000 pa
Expenses
$200,000 pa
Location Details
Shop 11 /1 Robinson Street, Coral Bay 6701
Next to the Footworks opposite the Bakery in the main Coral Bay Shopping Arcade, good traffic flow. Plenty of parking at the rear (with a rear entrance) plus a wash-down area. Wheelchair access, front and rear signage.
Potential
New RAC resort opening March 2027, potential growth forecast of upto 15%
Licences are restricted for the area, with only one jet ski licence for up to 6 skis. We have 1 of 2 ATV licences for up to 11 side-by-side machines. Shop space is in a rare, limited location, the main shopping arcade. The Jetski license can have a tour boat add-on as well. Compound area for, buggy parking.
Skills
Mechanical knowledge, servicing, minor repairs, basic computer knowledge, and POS machine. Learning safety briefs, a Coxswain ticket or a TAFE boating course is handy. We are prepared to pass on our knowledge over a 3 to 8 week period and be available for phone calls for a further 3 months.
Hours
Monday to Friday 8.30 to 5 pm Sat & Sun 8.30 to 2.30. Season March to October/ late December to Jan.
Lease
10 plus 10 expiry 2032 can be renewed.
Employees
You and your partner for 3 days.plus 1x jetsk guide /buggy Guide casual and 1x buggy Guide casual 5 days a week, 1x office person part-time 3 days a week total employees 3 can be run with 2.
Reason for Sale
25 years it's time to go, ready to do the lap. This business has been very good to us. Coral Bay is a gem and you can really live the lifestyle and work, but the more you put in, the greater the rewards.
About the Business
Guided dune buggy tours & jetskis tours. 2 to 2.5 hours 3 x a day. Includes snorkel tours. Clients range from 3 to 80 years old. We have a captive market 2 caravan parks with accommodation, 24 rental houses, day vistors from the station stays aswel as Exmouth/ Carnarvon, The new resort opening March 2027. The new RAC resort will be triple of the original capacity, advertising will be branding the Coral Bay destination, and growth is expected to be over the 15% mark. Low-maintenance machinery makes life easy. Our tours are designed to attract people for Adventure and scenery. What we have is 1 shop space in the main shopping arcade, 3 Accommodations ( 1 x caverlier 1 bedroom unit, 2x caravans with toilet & showers fully furnished and annexes). compound parking area for 6 x2 seater CF Moto Z1000S and 2x 4 seaters.
4 Wave runner jetskis on a 4 trailer. 1 x80 series landcursier. 2 x DBAC licences to operate in the area. Snorkel equipment and wetsuits for tours.
Option's: We are prepared to sell the Business with no Machinery just shop, acdomodation & licences for $400k
Available to buy with the business is 2010 Land Cruiser troop carrier & 12x12m shed.
History
Originally opening in 2000 doing 4x4 local tours, expanding in 2004 to regional tours, then in 2014 back to local ATV side-by-side tours. In 2010 boat snorkel tours commenced, and 2018 jetski tours took over form the boat which was sold off.
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