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DealProspect/Listings/Hospitality & Tourism

Jet Boat Tourism Business, Rotorua

Tourism Operator

ActiveHospitality & TourismBay of PlentyB2C
Asking price
~$880,479
est. from comparable listings of this type and size · typically within ±20% · NZD
Revenue (est.)
~$736,244
Estimated · comparable listings of this type and size
EBITDA
$285,000
Implied multiple (assumed)
~3.1×
Assumed · comparable listings of this type and size · typically within ±20%
Brief
  • Only jet boat operator on Lake Rotorua, based in the newly developed lakefront precinct in the heart of Rotorua CBD.
  • Core 'Speed & Spins' product runs on the hour, appealing to walk-up visitors of all ages and fitness levels.
  • Holds rights to operate on Lake Rotorua, Lake Rotoiti and Lake Tarawera, offering further growth opportunities.
  • Sales and profitability have grown steadily since the pandemic, and the business is cash generative.
  • Strong asset backing including three surveyed jet boats with trailers, two support vehicles, and jetty and kiosk infrastructure.