Hawke's Bay tourism business

•Sale turnover (2019) $463,000
•Net Surplus (2019 EBPITDA) $127k
•Award winning business - market leader
•Contracts with major inbound tour operators
•Substantial forward bookings 2019/20
•High barriers to entry
•Asking price $570,000 + GST (if any)

As a recognised and well established brand the business has a reputation for providing memorable experiences for mainly overseas visitors. Close relationships and contractual agreements with the major inbound tour operators provides certainty over future revenue streams.

The business model is structured around forward bookings which are substantial and growing. The business has strong relationships with the tourism industry in NZ and Australia.

The business is innovative in both its marketing and the sophistication of its products. Being first to market means the business enjoys 'first mover advantage' in establishing its position as the market leader. Barriers to entry for any competitors are now high.

This opportunity would suit astute owner operators that can take a successful formula and further develop the business while enjoying the Hawke's Bay lifestyle and outdoors.

If this type of business looks interesting please contact Rodger Howie. A confidentiality agreement will be required for further information.