High Volume Tourism Business Darwin NT
High Volume Tourism Business Darwin NT
Industry :
Accommodation/Tourism - Tours ; Transport/Distribution - Bus ;About the business
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 and 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 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 busses
* Handover will be included
Seeking EOI Call to discuss further.
Tourism is one of the Top Ends strong growth businesses and Darwin is on many Aussies 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. Contact Andrew Hahn now on 08 8941 3000 or email andrew@tbsav.com.au for more details on this truly outstanding tourism business opportunity.
TBS - Licensed Agent AL1041 19 Smith St Darwin NT
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$1,600,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!- Can you afford the business? Do you need financing to assist with the purchase?
- Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
- Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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