Leading Ferry Transfer Service in Torres Strait - Major Regional Operator

Description

This is a rare opportunity, with the owners wishing to retire after building the business over the past 28 years of continuous operation.The company is now the dominant transport operator in the region, having experienced a significant increase in revenue over the past two years.The business provides essential passenger transport services between Thursday Island and Horn Island, including connections to Horn Island Airport. This ferry route serves as a critical link for air travel between the region and major mainland Australian centres.The operation is supported by a modern fleet comprising both ferries and land transport assets.Scheduled ferry services between Thursday Island and Horn Island operate seven days a week and carry consistently high passenger volumes. Additional services include the school ferry route between Thursday Island and Hammond Island, as well as a charter water taxi service that operates outside standard scheduled timetables.Further service expansion opportunities are expected to arise in the coming years, supporting future growth potential.A comprehensive Information Memorandum is available to qualified buyers upon execution of a Non-Disclosure Agreement.Offers circa $4.5 million.