About the Business

Offered to the market, Nova Cruises & Lake Macquarie Cruises

NOVA CRUISES – Located in the heart of Newcastle's CBD, the vessel's departure location is close to public transport via the city's tram only 300m away and is situated within the city's entertainment precinct, with a vast array of restaurants, bars, hotels, and accommodation nearby.

Nova Cruises was established in 2006 and is considered Newcastle's first choice cruise company for exploring the scenic and ever-changing waterways of Newcastle Harbour, The Hunter River, and pristine coastal waters.

It runs 2 well-kept vessels (1) Capacity for 50 guest’s catering for charter, whale watching, corporate groups and parties.

(2) High Capacity for 200 guests and is more like a floating restaurant catering for luncheons, dinner/canape functions, weddings, and special events.

LAKE MACQUARIE CRUISES – Lake Macquarie, the largest permanent coastal saltwater lake in the southern hemisphere, twice the size of Sydney Harbour and home to 30 kilometres of pristine coastline and some of the most beautiful waterways in New South Wales. The vessel operated here has a capacity for 110 guests, and has had an extensive upgrade, interior refurbishment and fit-out, and is by far the best way to view what Lake Macquarie has to offer.

The business model works well running the 2 businesses in conjunction, and is one that sees cruising all year around by offering Newcastle harbour luncheons, twilight dinner cruises, loop the lake cruises, weddings, special event functions and the popular Whale Watching Cruises. Clientele is also mixed and diverse with the senior market, corporate market, public and the family demographic being catered for.

- Very limited competition in the local market.

- $1,325,000 of Plant and Equipment including all 3 x vessels included in the sale price.

- T/O FY2023 averaging approx. $39K P/W.

- Repeat clientele, central location, dedicated and committed crew are strengths of the business.

- Great website, social media following and strong relationships for advertising campaigns in place with local council and tourism bodies for NSW.

- Enviable location close to Newcastle's CBD.

- Quality well maintained and presented vessels.

Imagine working surrounded by golden sand beaches and a breathtaking coastline. Newcastle is NSW’s second-largest city situated on the east coast of the state and is thriving as a tourist destination.

This tour business could suit you if you want to make a complete change in your life and own an amazing business that makes you feel great every day you go to ‘work’. Or – it may also suit a larger operator as an acquisition into your portfolio.

Financials are available to approved potential buyers only.

Price: $1,525,000 (WIWO)