Summary
Coral Coast Tours operates 4 jetskis the only licence for upto 6 & 9 dune buggy’s 1 of 2 licences of upto 11 buggies. 3 x Staff accommodation, 2 x compound areas. Turnover $600k rising with new resort
Revenue
$600,000 pa
Expenses
$100,000 pa
Net Profit
$150,000 pa
Location Details
Shop 11 /1 Robinson Street, Coral Bay
Next to Footworks opposite the Bakery in the main shopping Arcade good traffic flow plenty of parking at rear & rear entrance with wash down area.
Potential
New RAC resort coming potential growth forecast of 15%
Licences are restricted for the area, one one jet ski licence for upto 6 skis. We have 1 of 2 atv licences for upto 11 machines. Shop space in a rare limited location. Jetski license can have a tour boat add aswell.
Skills
Mechanical knowledge, servicing, minor repairs basic computer knowledge pos machine. Learning safety briefs, coxswain ticket or tafe boating course handy.
Hours
you service every 100hrs takes 2 to 3 hours cover jetskis or buggies2 days. Office shared with a partner & staff
Lease
10 plus 10 expiry TBA
Employees
Yourself, your partner and 1x jetsk guide casual/buggy Guide, 1x buggy Guide casual, 1x office person part-time 3 days a week
Reason for Sale
24 years it's time to go, ready to do the lap
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 and new resort owing for Xmas 2026. The new RAC resort will be triple of the original capacity advertising will be branding the Coral Bay destination , growth is expected to be over the 15% mark.
History
Originally in 2000 doing 4x4 local tours expanding 2004 to regional tours then 2014 back to local atv tours,. In 2010 boat snorkel tours commenced and 2018 jetski tours took over.
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