Iconic Nepean River Paddlewheeler & Event Boat Operation with Two Licensed Vessels and 43-Year Long Reputation

Description

Business type: river cruises, tourism and event hospitality

Location: Nepean River, Penrith, Western Sydney, New South Wales

Established: 1982

Trading history: more than 43 years

Sale structure: walk-in walk-out (WIWO)

Vessels included: 3

Operating days: Wednesday to Sunday

Business overview

Established river cruise and events business operating three licensed vessels on the Nepean River.

Services: hospitality cruises, private functions and water taxi operations

Brand recognition: established

Customer database: approximately 27,000 clients

Social media following: more than 15,000

Owner involvement: 1–2 days per week

Services

• Lunch and dinner cruises
• Wedding functions
• Corporate events
• Private functions
• Cocktail experiences
• Water taxi services

Vessels

• Nepean Belle Paddlewheeler
• River Boat Bar
• 9.7-metre Water Taxi

Vessels: licensed

Event capacity: up to 150 guests

Market position: only paddlewheeler and floating bar operation in Western Sydney

Floating facilities

• Reception area
• 2 offices
• Staff room
• Bathroom
• Cool room
• Freezer room
• Dry storage
• Floating storage pontoon

Office and operating equipment

• NBN FTTP internet connection
• VOIP telephone system
• Computers
• Established operational systems

Slipway: included

Licensed jetty access rights: included

Location

Position: Nepean River, Penrith

Nearby region: Blue Mountains

Waterway: freshwater

Freshwater operation: avoids saltwater corrosion and associated antifouling costs, as described by the seller

Operations

Trading schedule: Wednesday to Sunday

Staff: experienced, long-term team in place

Current owners: involved approximately 1–2 days per week

Operating systems: established

Growth

Western Sydney Airport development: identified as a potential source of future tourism growth

Reason for sale

Owner retirement.

Transition

Training: provided

Transition support: available

Sale

WIWO sale: three vessels, floating office infrastructure, storage pontoon and operating equipment included

Slipway and licensed jetty access rights: included