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DealProspect/Listings/Hospitality & Tourism

Lake Cruise Tourism Business, Lakes Entrance

Tourism Operator

ActiveHospitality & TourismVictoriaB2C
Asking price
$650,000
Disclosed · AUD
Revenue
Earnings (est.)
~$243,747
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.7×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Lonsdale Cruises operates scenic cruises on the Gippsland Lakes from Lakes Entrance
  • Signature 3-hour "Eco" cruise from Lakes Entrance to Metung, with on-board scones and refreshments
  • Also offers sunrise/sunset cruises in summer and private function charters
  • Training period available to ensure safe, compliant operation
  • Vendor finance terms available: 50% upfront ($325,000), balance on vendor terms
  • Popular with tourists seeking dolphins, seals and wildlife sightings